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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Company car benefit
When an employee uses a car part for business and part for private use, we do not reduce for private use correct?
For example if a car was driven for 6,000 miles, but 4500 was used for private use, we do not reduce the benefit by 25% to calculate the taxable earning?
Thanks
No
If you use the car for any private use then you have the BIK
Ok thank you.
no worries
