Tax Issues - Reduction in Taxible Benefits
 Older
Cars
Where a car is four or more years old at the end of the tax
year, the car benefit (ie the taxable benefit of the car,
less any reduction for business mileage) is then reduced by
one third. Measure the age of the car from its date of first
registration: ie, cars registered before 6 April 1991 will
start to qualify for a reduction in 1994-95.
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