Commentary on Sections Example 3 £150(Pe) – £50(E) = £100 Section 118: Availability for private use
439.This section explains what is meant by availability for private use of a car or van. The section derives from parts of section 168(5), 168(5A), and 168(6) of ICTA.
440.Subsection (1) provides that the car or van is regarded as available for private use unless the circumstances in paragraphs (a) and (b) apply.
441.Subsection (2) defines “private use”.