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Forums › ACCA Forums › ACCA TX Taxation Forums › help

  • This topic has 2 replies, 3 voices, and was last updated 12 years ago by wgk.
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  • October 18, 2012 at 2:12 pm #54765
    fidelia
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    i need clarification on de minimis and car emissions

    October 28, 2012 at 9:08 pm #105700
    Stacey
    Member
    • Topics: 8
    • Replies: 31
    • ☆

    Could you clarify further? Do you mean you want to know what the De Minimis test is? If so, it means that if the combinbed total of NON QUALIFING loans come to less than £5000 (and do not exceed this amount during the tax year) then there is NO taxable interest benefit.

    What clarification do you require on car emissions?

    October 29, 2012 at 4:32 pm #105701
    wgk
    Participant
    • Topics: 55
    • Replies: 80
    • ☆☆

    Adjective
    # concerning#Preposition Concerning things that are so minor as to be negligible, trivial or trifling. Often used to describe exemptions in government rules and regulations.
    # legal – beneath judicial notice

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