Income Tax (Earnings and Pensions) Act 2003
Sections and provisions with full text and the judgments that cite each one.
Section 111 — Disputes as to annual value
Disputes as to annual value 111 1 This section applies if there is a dispute as to the amount of the annual value of living accommodation for the purposes of this Chapter. 2 . . . . . . . . . . . . .…
Section 112 — Meaning of “person involved in providing the accommodation”
Meaning of “person involved in providing the accommodation” 112 For the purposes of this Chapter “ person involved in providing the accommodation ” means any of the following— a the person providing…
Section 113 — Meaning of “the property”
Meaning of “the property” 113 For the purposes of this Chapter “ the property ”, in relation to living accommodation, means the property consisting of that accommodation.
Section 114 — Cars, vans and related benefits
Cars, vans and related benefits 114 1 This Chapter applies to a car or a van in relation to a particular tax year if in that year the car or van— a is made available (without any transfer of the…
Section 115 — Meaning of “car” and “van”
Meaning of “car” and “van” 115 1 In this Chapter— “ car ” means a mechanically propelled road vehicle which is not— a goods vehicle, a motor cycle, an invalid carriage, or a vehicle of a type not…
Section 116 — Meaning of when car or van is available to employee
Meaning of when car or van is available to employee 116 1 For the purposes of this Chapter a car or van is available to an employee at a particular time if it is then made available, by reason of the…
Section 117 — Meaning of car or van made available by reason of employment
Meaning of car or van made available by reason of employment 117 1 For the purposes of this Chapter a car or van made available by an employer to an employee or member of an employee's family or…
Section 118 — Availability for private use
Availability for private use 118 1 For the purposes of this Chapter a car or van made available in a tax year to an employee or a member of the employee’s family or household is to be treated as…
Section 119 — Where alternative to benefit of low emission car or van offered
Where alternative to benefit of low emission car or van offered 119 1 This section applies where in a tax year— a a car is made available as mentioned in section 114(1), b the car's CO 2 emissions…
Section 120 — Benefit of car treated as earnings
Benefit of car treated as earnings 120 1 If this Chapter applies to a car in relation to a particular tax year, the cash equivalent of the benefit of the car is to be treated as earnings from the…
Section 120A — Benefit of car treated as earnings: optional remuneration arrangements
Benefit of car treated as earnings: optional remuneration arrangements 120A 1 Where this Chapter applies to a car in relation to a particular tax year and the conditions in subsection (3) are met— a…
Section 121 — Method of calculating the cash equivalent of the benefit of a car
Method of calculating the cash equivalent of the benefit of a car 121 1 The cash equivalent of the benefit of a car for a tax year is calculated as follows— Step 1 Find the price of the car in…
Section 121A — Optional remuneration arrangements: method of calculating relevant amount
Optional remuneration arrangements: method of calculating relevant amount 121A 1 To find the relevant amount for the purposes of section 120A, take the following steps— Step 1 Take the total foregone…
Section 121B — Meaning of “modified cash equivalent”
Meaning of “modified cash equivalent” 121B 1 The “modified cash equivalent” of the benefit of a car for a tax year is calculated in accordance with the following steps (which must be read with…
Section 122 — The price of the car
The price of the car 122 1 For the purposes of this Chapter the price of a car means— This is subject to section 124A (automatic car for a disabled employee). a its list price, if it has one, or b…
Section 123 — The list price of a car
The list price of a car 123 1 In this Chapter a car’s “ list price ” means the price published by the car’s manufacturer, importer or distributor (as the case may be) as the inclusive price…
Section 124 — The notional price of a car with no list price
The notional price of a car with no list price 124 1 In this Chapter a car’s “ notional price ” means the price which might reasonably have been expected to be its list price if its manufacturer,…
Section 124A — Automatic car for a disabled employee
Automatic car for a disabled employee 124A 1 This section applies where— a a car has automatic transmission (“the automatic car”), b at any time in the year when the automatic car is available to the…
Section 125 — Meaning of “accessory” and related terms
Meaning of “accessory” and related terms 125 1 In this Chapter “ qualifying accessory ” means an accessory which— a is made available for use with the car without any transfer of the property in the…
Section 125A — Security features not to be regarded as accessories
Security features not to be regarded as accessories 125A 1 This section applies where a car made available to an employee has a relevant security feature. 2 The relevant security feature is not an…
Section 126 — Amounts taken into account in respect of accessories
Amounts taken into account in respect of accessories 126 1 The price of the following accessories is to be taken into account under step 2 of section 121(1) and step 2 of section 121B(1) — a in the…
Section 127 — The list price of an accessory
The list price of an accessory 127 1 For the purposes of this Chapter the list price of an initial extra accessory is— a the published price of the manufacturer, importer or distributor of the car…
Section 128 — Accessory: published price of the car manufacturer etc.
Accessory: published price of the car manufacturer etc. 128 1 In this Chapter the “ published price of the manufacturer, importer or distributor of the car ” in relation to an accessory means the…
Section 129 — Accessory: published price of the accessory manufacturer etc.
Accessory: published price of the accessory manufacturer etc. 129 1 In this Chapter the “ published price of the manufacturer, importer or distributor of the accessory ” in relation to an accessory…
Section 130 — The notional price of an accessory
The notional price of an accessory 130 1 In this Chapter the “notional price” of an accessory means the inclusive price which it might reasonably have been expected to fetch if sold— a in the United…
Section 131 — Replacement accessories
Replacement accessories 131 1 This section applies for the purposes of sections 121(1) and 121B(1) where— a a later accessory is available with the car in the tax year in question, b that accessory…
Section 132 — Capital contributions by employee
Capital contributions by employee 132 1 This section applies for the purposes of section 121(1) if the employee contributes a capital sum to expenditure on the provision of— a the car, or b any…
Section 132A — Capital contributions by employee: optional remuneration arrangements
Capital contributions by employee: optional remuneration arrangements 132A 1 This section applies for the purposes of section 121A(1) if the employee contributes a capital sum to expenditure on the…
Section 133 — How to determine the “appropriate percentage”
How to determine the “appropriate percentage” 133 1 The “appropriate percentage” for a car for a year depends upon when the car was first registered. 2 If the car was first registered on or after 1st…
Section 134 — Meaning of car with or without a CO 2 emissions figure
Meaning of car with or without a CO 2 emissions figure 134 1 In this Chapter a “ car with a CO ” means— 2 emissions figure a a car first registered on or after 1st January 1998 but before 1st October…
Section 135 — Car with a CO 2 emissions figure: pre-October 1999 registration
Car with a CO 2 emissions figure: pre-October 1999 registration 135 1 This section applies to a car first registered on or after 1st January 1998 but before 1st October 1999 if when it was so…
Section 136 — Car with a CO 2 emissions figure: registration from 1st October 1999 to IP completion day
Car with a CO 2 emissions figure: registration from 1st October 1999 to IP completion day 136 1 This section applies to a car first registered on or after 1st October 1999 but before IP completion…
Section 136A — Car with a CO 2 emissions figure: registration on or after IP completion day
Car with a CO 2 emissions figure: registration on or after IP completion day 136A 1 This section applies to a car first registered on or after IP completion day if it is so registered on the basis of…
Section 137 — Car with a CO 2 emissions figure: bi-fuel cars : registration from 1st January 2000 to IP completion day
Car with a CO 2 emissions figure: bi-fuel cars : registration from 1st January 2000 to IP completion day 137 1 This section applies to a car first registered on or after 1st January 2000 but before…
Section 137A — Car with a CO 2 emissions figure: bi-fuel cars registered on or after IP completion day
Car with a CO 2 emissions figure: bi-fuel cars registered on or after IP completion day 137A 1 This section applies to a car first registered on or after IP completion day if it is so registered on…
Section 138 — Car with a CO 2 emissions figure: automatic car for a disabled employee
Car with a CO 2 emissions figure: automatic car for a disabled employee 138 1 This section applies where— a a car with a CO 2 emissions figure has automatic transmission (“the automatic car”), b at…
Section 138A — Certain cars with a CO 2 emissions figure and an electric range figure
Certain cars with a CO 2 emissions figure and an electric range figure 138A 1 This section applies to a car if— a the car was first registered under VERA 1994 on or after 1 January 2025 and before 6…
Section 139 — Cars with a CO 2 emissions figure: the appropriate percentage
Cars with a CO 2 emissions figure: the appropriate percentage 139 1 The appropriate percentage for a year for a car with a CO 2 emissions figure of less than 75 is determined in accordance with the…
Section 140 — Car without a CO 2 emissions figure: the appropriate percentage
Car without a CO 2 emissions figure: the appropriate percentage 140 1 The appropriate percentage for a year for a car without a CO 2 emissions figure is determined under this section. 2 If the car…
Section 141 — Diesel cars: the appropriate percentage
Diesel cars: the appropriate percentage 141 1 This section applies to a diesel car first registered on or after 1 January 1998 but before 1 September 2017. 1A This section applies to a diesel car…
Section 142 — Car first registered before 1st January 1998: the appropriate percentage
Car first registered before 1st January 1998: the appropriate percentage 142 1 The appropriate percentage for a car first registered before 1st January 1998 is determined under this section. 2 If the…
Section 143 — Deduction for periods when car unavailable
Deduction for periods when car unavailable 143 A1 This section has effect for the purposes of— a section 121(1) (method of calculating the cash equivalent of the benefit of a car), and b section…
Section 144 — Deduction for payments for private use
Deduction for payments for private use 144 1 A deduction is to be made from the provisional sum (see subsection (1A)) if, as a condition of the car being available for the employee’s private use, the…
Section 145 — Modification of provisions where car temporarily replaced
Modification of provisions where car temporarily replaced 145 1 This section applies if— a the car normally available to an employee (“the normal car”) is not available to the employee for a period…
Section 146 — Cars that run on road fuel gas
Cars that run on road fuel gas 146 1 This section applies for the purposes of sections 121 and 121B if the car— a has been manufactured so as to be capable of running on road fuel gas, and b is not a…
Section 147 — Classic cars: 15 years of age or more
Classic cars: 15 years of age or more 147 1 This section applies in calculating the cash equivalent of the benefit of a car for a tax year if— a the age of the car at the end of the year is 15 years…
Section 147A — Classic cars: optional remuneration arrangements
Classic cars: optional remuneration arrangements 147A 1 This section applies in calculating the relevant amount in respect of a car for a tax year for the purposes of section 120A (benefit of car…
Section 148 — Reduction of cash equivalent where car is shared
Reduction of cash equivalent where car is shared 148 1 This section applies for the purposes of sections 121 and 121B if in a tax year a car— a is available to more than one employee concurrently, b…
Section 149 — Benefit of car fuel treated as earnings
Benefit of car fuel treated as earnings 149 1 If in a tax year— a fuel is provided for a car by reason of an employee’s employment, and b that person is chargeable to tax in respect of the car by…
Section 149A — Benefit of car fuel treated as earnings: optional remuneration arrangements
Benefit of car fuel treated as earnings: optional remuneration arrangements 149A 1 This section applies if— a fuel is provided for a car in a tax year by reason of an employee's employment, b the…