Introduction Details of the Section
2.Subsection (1) introduces the change to section 141 Income Tax (Earnings and Pensions) Act (ITEPA) 2003 and increases the maximum appropriate percentage for diesel cars from 35% to 37%.
3.This brings the maximum appropriate percentage for diesel company cars into line with petrol company cars.
4.Subsection (2) provides that this change has effect for the tax year 2015-16.