§
Resolved,
That, for the year 1990–91, the qualifying maximum defined in section 367(5) of the Income and Corporation Taxes Act 1988 (limit on relief for interest on certain loans) shall be £30,000.
| PART 1 | ||
| TABLES OF FLAT RATE CASH EQUIVALENTS | ||
| TABLE A | ||
| Cars with an original market value up to £19,250 and having a cylinder capacity | ||
| Cylinder capacity of car in cubic centimetres | Age of car at end of relevant year of assessment | |
| Under 4 years | 4 years or more | |
| 1400 or less | £1,700 | £1,150 |
| More than 1400 but not more than 2000 | £2,200 | £1,500 |
| More than 2000 | £3,550 | £2,350 |
| TABLE B | ||
| Cars with an original market value up to £19,250 and not having a cylinder capacity | ||
| Original market value of car | Age of car at end of relevant year of assessment | |
| Under 4 years | 4 years or more | |
| Less than £6,000 | £1,700 | £1,150 |
| £6,000 or more but less than £8,500 | £2,200 | £1,500 |
| £8,500 or more but not more than £19,250 | £3,550 | £2,350 |
§
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.—