HC Deb 22 March 1993 vol 221 cc727-9

Resolved, That—

"TABLE A
Cylinder capacity of car in cubic centimeters Cash equivalent
1,400 or less £600
More than 1,400 but not more than 2,000 £760
More than 2,000 £1,130
TABLE AB
Cylinder capacity of car in cubic centimeters Cash equivalent
2,000 or less £550
More than 2,000 £710
TABLE B
Original market value of car Cash equivalent
Less than £6,000 £600
£6,000 or more but less than £8,500 £760
£8,500 or more £1,130"

(1) For the year 1993–94, section 158 of the Income and Corporation Taxes Act 1988 shall have effect with the following amendments.

(2) For the Tables in subsection (2) there shall he substituted—

(3) In subsection (5) the words "or 3" shall be omitted.

(4) This Resolution shall not require any change to be made in the amounts deductible or repayable under section 203 of the Income and Corporation Taxes Act 1988 before 18th May 1993.

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.