BPP kit -Q106

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November 20, 2020 at 5:53 pm #595815
Zuzie
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The answer to part c is 26,477 (27,630+4,085-5,238) ,on page 159.
When computing before, we took off 15% from leasing charges so why is this not taken into consideration when assessing the benefit, which would mean:
22,333 (23,486+4,085-5,238). Making this more beneficial than director’s remuneration alternative.
Thanks for having a look
November 21, 2020 at 12:54 pm #595913
Tax Tutor
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I do not have sight of the BPP material BUT from what you say above you must understand that the amount of lease charges paid by the employer are totally irrelevant in computing the assessable benefit for the car on the employee.
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