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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Company Car Benefits
Thank you for your kind-hearted services, dear lecturer.
In the notes, you stated that when the CO3 emission is greater than 55g, the percentage to use is 16%, but I didn’t see you making use of it.
Therefore, I wish to ask that at what point do we use the 16% rate?
Thank you.
Once the Co2 is over 55g/km then use 16% and use the rules set out in the manual to calculate the BIK
Okay. Thanks.
I asked because there were situations where the CO2 exceeded 55g, but it wasn’t used.
In the manual – example 4 – check it out
Ch 8 Employment income