Schedule 6, Part 2, paragraph 1A(1)

Where— the Commissioners may direct that the value of the supply shall be taken to be its open market value. the value of a supply made by a taxable person for a consideration is (apart from this sub-paragraph) less than its open market value, the taxable person is a motor manufacturer or motor dealer, the person to whom the supply is made is— an employee of the taxable person, a person who, under the terms of his employment, provides services to the taxable person, or a relative of a person falling within sub-paragraph (i) or (ii) above, the supply is a supply of services by virtue of sub-paragraph (4) of paragraph 5 of Schedule 4 (business goods put to private use etc), the goods mentioned in that sub-paragraph consist of a motor car (whether or not any particular motor car) that forms part of the stock in trade of the taxable person, and the supply is not one to which paragraph 1 above applies,

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Source: legislation.gov.uk · retrieved 2026-07-28