This order establishes the statutory framework for calculating the cash equivalent of car benefits provided to employees for income tax purposes. The document, issued by the government of Great Britain, provides the legal definitions and valuation tables necessary for employers and tax authorities to determine the taxable value of company-provided vehicles. It serves as a regulatory instrument to ensure consistent application of tax law regarding non-cash compensation.

Legal professionals and tax accountants utilize this order as a foundational reference for historical tax compliance and statutory interpretation. Experts note that while the specific figures have been superseded by subsequent legislation, the document remains a critical component for understanding the evolution of UK tax policy regarding employee benefits.