Assessable Benefits P11D Employees

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  1. Avatar of uuuu uuuu says:
    September 20, 2012 at 6:47 pm

    Chapter 9 Example 5:

    Billy: Should be using 27% instead of 26% as in answer!!

    Dennis: Answer should be £1880 instead of £1888!!

  2. Avatar of wgk wgk says:
    September 6, 2012 at 8:46 pm

    From the question the list price is – 22,600.

    As per notes page 63 (e) (ii), “the list price is reduced by any capital contribution from the employee …..”

    Therefore: List Price (22,600) – Contribution(1,200) = 21.400

    Then 21,400 *35% = 7,490
    :)

  3. Avatar of wgk wgk says:
    August 19, 2012 at 3:33 pm

    Chapter 9 Example 5:

    Billy: Should be using 27% instead of 26% as in answer!!

    Dennis: Answer should be £1880 instead of £1888!!

    Liam :)

  4. Avatar of schatja12 schatja12 says:
    July 23, 2012 at 6:51 am

    i don’t remember breaching the rules about downloading and any way since the lectures are no downloadable i can’t understand why i can’t even access the on line lectures any help. think my ip has been blocked

  5. Avatar of wgk wgk says:
    July 22, 2012 at 12:26 pm

    Example 4: Ref. Carla

    First: As per notes page 63 (e) (ii), “the list price is reduced by any capital contribution from the employee …..”

    My solution: (22,600-1200)x 35% = 7490 (1200 deducted from “list price”)

    Answer in notes: 22,600 x 35% – 1200 = 6710 (1200 deducted from list price having applied the 35%)

    Which is correct!? :-)

    • Avatar of lume lume says:
      July 31, 2012 at 1:14 pm

      @wgkeating, contribution towards the private use of car is different from capital contribution,..for the private use contribution you deduct it from the assessable benefit-i.e, from 22,600 x 35%

    • Avatar of cynthialynch cynthialynch says:
      September 6, 2012 at 8:28 pm

      @wgkeating, Im waying in late on the question but the 1200 is the employee contribution which is decucted after the list price is ascertain. the only adjustment to the list price would be to add the cost of any accessories or to substract any capital contribution made by the employee. the answer in the notes is correct

      • Avatar of wgk wgk says:
        September 6, 2012 at 8:55 pm

        @cynthialynch,

        From the question the list price is – 22,600.

        As per notes page 63 (e) (ii), “the list price is reduced by any capital
        contribution from the employee …..”

        Therefore: List Price (22,600) – Contribution(1,200) = 21.400

        Then 21,400 *35% = 7,490
        :)

  6. Avatar of Sakib Sakib says:
    May 6, 2012 at 6:22 pm

    there’s just no pleasing some folk is there…. be grateful

  7. Avatar of lindann lindann says:
    April 25, 2012 at 11:21 am

    Hi, Please how can I download the free video lectures to my laptop? So I can save on Internet cost

    • Avatar of bankas15 bankas15 says:
      May 5, 2012 at 9:57 am

      @lindann, Hi, That’s where the cash is made. So the only way you can save on your internet cost is by paying rapt attention to every lecture you listen to in order not to be logging in for the same lecture over and over again. Free is absolutely not always free. Nonetheless, I find this site very helpful. Thanks to Open tuition team.

      • Avatar of admin admin says:
        May 5, 2012 at 10:52 am

        @bankas15, what do you mean, free is not always free?

        our lectures are free and always will be, they are on line only,
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        sure, users without broadband internet can’t watch them, but neither can users without computers..
        it’s not our responsibility, we can’t solve all worlds problems, unfortunately :)

    • Avatar of admin admin says:
      May 5, 2012 at 10:45 am

      @lindann, Lectures are not downloadable,
      the only way this site can exist at all is when students watch lectures on line.

      it is not too much to ask? we do not charge, we do not ask you to click on banners!

      and since you are saving money, by not paying for it, get a better internet connection

  8. Avatar of mirush mirush says:
    April 17, 2012 at 7:10 pm

    i am a student like you and i understand the lecturer very well, i think you should have the notes in front of you for you to fully benefit and not to go off track.

  9. Avatar of humazaidi humazaidi says:
    March 31, 2012 at 12:10 pm

    plz show some workings while delivering lectures.. Its difficult to undestand without working…

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