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Section 68: Cars with low carbon dioxide emissions

Finance Act 2013 · 2013 c. 29View on legislation.gov.uk

Part 1: Income Tax, Corporation Tax and Capital Gains Tax — CHAPTER 5: Other provisions

In section 45D of CAA 2001 (first year qualifying expenditure on cars with low carbon dioxide emissions)—

in subsection (1)(a), for "2013" substitute , and"2015"
in subsection (4), for "110" substitute ."95"

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

In section 104AA of that Act (special rate expenditure: meaning of "main rate car"), in subsection (4) for "160" substitute ."130"

Accordingly, in section 77 of FA 2008 omit—

subsection (2), and
subsection (3).

The amendments made by subsections (1)(b), (2) and (4)(b) have effect in relation to expenditure incurred on or after 1 April 2013.

The amendment made by subsection (3) has effect in relation to expenditure incurred on or after the relevant date.

But in relation to expenditure incurred on the hiring of a car—

for a period of hire which begins before the relevant date, and
under a contract entered into before that date,

section 49(1A) of ITTOIA 2005 and section 57(1A) of CTA 2009 apply on or after the relevant date as if the amendment made by subsection (3) did not have effect.

"The relevant date" means—

in the case of income tax, 6 April 2013, and
in the case of corporation tax, 1 April 2013.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.