380P Provisions supplementary to section 380L to 380O

(1) The limitations imposed by this Part are disapplied where a vehicle is acquired, wholly or mainly for short-term hire, i.e. taxis.

(2) The same limitations are disapplied where the vehicle is provided for the purposes of testing. This is subject to the proviso that if the car is put substantially to ordinary use within the first 5 years then the limitations imposed by Part 11C apply retrospectively.

(3) All necessary additional assessments are provided for the purposes of applying section 380N(2) and (3), section 380O and subsection (2) of this section. The subsection also provides that such assessments may, if necessary, apply to the estate of a deceased person.

Relevant Date: Finance Act 2021