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hi tax tutor,
in empllyment income for benefits, it says that for use of assets, the benefit is 20% of assets market value when provided,
for eg, the assets market value for year 15/16 is 3000, so the benefit is 20% of 3000.
however, what will be the benefit for year 16/17
will it be
1) 20% of 3000
2) 20% of (3000- 600(20%of 3000)
3) 20% of the market value in 16/17
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