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Car Benefits Query

Forums › ACCA Forums › ACCA TX Taxation Forums › Car Benefits Query

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by ansi.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 25, 2011 at 12:27 pm #48213
    mamapepe
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    Hi all,

    Can you please help me with my query regarding calculating car benefits for P11D individuals:

    Cars with a C02 emissions between 1g/km -> 75 g/km = 5% of list price of the car
    Cars with a C02 emissions between 76g/km -> 120 g/km = 10% of list price of the car
    Cars with a C02 emission >130g/km = 15% + 1% for every 5g of Carbon

    My quesiton is what happens if the car is in between 120g/km -> 130g/km

    Thanks in advance

    April 27, 2011 at 5:37 am #81105
    ansi
    Participant
    • Topics: 121
    • Replies: 805
    • ☆☆☆☆

    @mamapepe,

    For cars that emit CO2 between 121-130g/km (2010/11), the taxable benefit is 15% of the car’s list
    price.

    regards

  • Author
    Posts
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