
1 
This Order may be cited as the Income Tax (Cash Equivalents of Car Benefits) Order 1992 and shall come into force on 6th April 1992.
2 
In Part I of Schedule 6 to the Income and Corporation Taxes Act 1988 for Tables A, B and C there shall be substituted the following tables:—

TABLE A
Cylinder capacity of car in cubic centimetres Age of car at end of relevant year of assessment
1,400 or less £2,140 £1,460 Under 4 years
More than 1,400, but not more than 2,000£ 4 years or more
More than 2,000£ 2,770£ 1,880
4,440£ 2,980

TABLE B
Original market value of car Age of car at end of relevant year of assessment
Under 4 years Less than £6,000
4 years or more £2,140 £1,460
£6,000 or more, but less than £8,500
£2,770
£1,880
£8,500 or more, but not more than £19,250
£4,440
£2,980

TABLE C
Original market value of car Age of car at end of relevant year of assessment
Under 4 years
4 years or more
More than £19,250, but not more than £29,000
£5,750 £3,870
More than £29,000
£9,300 £6,170
Thomas Sackville
Irvine Patnick
Two of the Lords Commissioners of Her Majesty’s Treasury
12th March 1992