»Ê¹ÚÌåÓýapp

Sections 138(4) and 124A(4) ITEPA 2003

»Ê¹ÚÌåÓýapp definitions of ‘automatic transmissionâ€� in sections 124A and 138 ITEPA are deliberately identical. »Ê¹ÚÌåÓýapp wording of both is at EIM24900.

HMRC accepts that most cars which the layman would consider to be an automatic are included within this definition. »Ê¹ÚÌåÓýappse have gearboxes which have the normal automatic functions (drive, park, reverse, neutral and the facility to prevent the gearbox changing up above a specified gear, usually achieved using additional numbered positions).

However, we do not accept that a gearbox which also has a facility for the driver to upshift or downshift one gear at a time is within this definition. »Ê¹ÚÌåÓýapp lever may be in the normal place for a gear lever or may take the form of paddles behind the steering wheel. Such gearboxes are often known as ‘tiptronicâ€� gearboxes, but the word tiptronic is actually a Porsche trademark; other manufacturers produce gearboxes which have similar features but different names. »Ê¹ÚÌåÓýapp determining factor is the lever-controlled upshift or downshift ability, not the name.

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)