SCHEDULES

SCHEDULE 14Vans

7

1

Section 170 (orders etc.) is amended as follows.

2

After subsection (1) insert—

1A

The Treasury may by order substitute a different amount for that for the time being specified in—

a

section 155(2)(a) (cash equivalent where van subject only to restricted private use by employee), and

b

section 155(3)(b) (cash equivalent in other cases).

3

In subsection (2), after “(1)” insert “ or (1A) ”.

4

In subsection (5), insert at the end “ or section 161(b) (van fuel: cash equivalent) ”.