Statutory Instruments
2017 No. 740
Corporation Tax
Income Tax
The Capital Allowances Act 2001 (Cars Emissions) (Amendment) Order 2017
Made
12th July 2017
Laid before the House of Commons
13th July 2017
Coming into force
3rd August 2017
The Treasury make the following Order in exercise of the powers conferred by sections 104AA(5) and (6) of the Capital Allowances Act 2001( 1 ).
Citation and commencement
1. —(1) This Order may be cited as the Capital Allowances Act 2001 (Cars Emissions) (Amendment) Order 2017 and comes into force on 3rd August 2017.
Amendment of the Capital Allowances Act 2001 (Cars Emissions) Order 2016
2. —(1)The Capital Allowances Act 2001 (Cars Emissions) Order 2016( 2 ) is amended as follows.
(2) Article 2 is renumbered as paragraph (1) of that article.
(3) After paragraph (1) as so renumbered, insert—
“ (2) This article is subject to article 7 (savings). ”
(4) After article 6, insert—
“ Savings
7. —(1) In relation to expenditure incurred on the hiring of a car—
(a) for a period of hire which begins before the relevant date, and
(b) under a contract entered into before that date,
section 49(1A) (car hire: supplementary) of the Income Tax (Trading and Other Income) Act 2005 ( 3 ) and section 57(1A) (car hire: supplementary) of the Corporation Tax Act 2009 ( 4 ) apply as if the amendment made by article 5 did not have effect.
(2) “The relevant date” means—
(a) in the case of income tax, 6th April 2018, and
(b) in the case of corporation tax, 1st April 2018. ” .
Heather Wheeler
Andrew Griffiths
Two of the Lords Commissioners of Her Majesty’s Treasury
12th July 2017
2001 c.2 ; section 104AA was inserted by section 30 and paragraph 8 of Schedule 11 to the Finance Act 2009 (c.10) (“FA 2009”).
2005 c.5 ; section 49(1A) was inserted by section 30 and paragraph 37 of Schedule 11 to FA 2009.
2009 c.4 ; section 57(1A) was inserted by section 30 and paragraph 48 of Schedule 11 to FA 2009.