Part 3Employment income: earnings and benefits etc. treated as earnings
C2C1Chapter 6Taxable benefits: cars, vans and related benefits
Annotations:
Modifications etc. (not altering text)
C1
Pt. 3 Ch. 6 modified (6.4.2021 for the tax year 2021-22) by Finance Act 2020 (c. 14), s. 10
Cars: the price of a car
122The price of the car
F11
For the purposes of this Chapter the price of a car means—
This is subject to section 124A (automatic car for a disabled employee).
a
its list price, if it has one, or
b
its notional price, if it has no list price.
F22
This is subject to section 124A (automatic car for a disabled employee).
Pt. 3 Ch. 6 modified (6.4.2020 for the tax year 2020-21) by Finance Act 2020 (c. 14), s. 9