20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

Benefit in Kind. buying company car

This topic has 1 reply, 2 voices, and was last updated 13 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
January 22, 2011 at 12:39 am #47226
njmirza
Member
- Topics: 1
- Replies: 0
Hello
List price of 90000
After some time the employee was given the car for nothing, marker value 40000.
What is the assessable benefit.
will appreciate any help.
May 8, 2011 at 6:58 pm #76532
Tax Tutor
Member
- Topics: 2
- Replies: 3965
A gift of a car results in a benefit of the market value at gift £40000 in your example
Hope this helps
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.