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Company Car Benefits

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Company Car Benefits

  • This topic has 4 replies, 2 voices, and was last updated 2 years ago by JillyB.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • March 6, 2024 at 12:51 am #702116
    Sharith
    Participant
    • Topics: 16
    • Replies: 13
    • ☆

    Thank you for your kind-hearted services, dear lecturer.

    In the notes, you stated that when the CO3 emission is greater than 55g, the percentage to use is 16%, but I didn’t see you making use of it.

    Therefore, I wish to ask that at what point do we use the 16% rate?

    Thank you.

    March 11, 2024 at 1:20 pm #702782
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    Once the Co2 is over 55g/km then use 16% and use the rules set out in the manual to calculate the BIK

    March 14, 2024 at 1:02 pm #702998
    Sharith
    Participant
    • Topics: 16
    • Replies: 13
    • ☆

    Okay. Thanks.

    I asked because there were situations where the CO2 exceeded 55g, but it wasn’t used.

    March 14, 2024 at 4:36 pm #703005
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    In the manual – example 4 – check it out

    March 14, 2024 at 4:37 pm #703006
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    Ch 8 Employment income

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    Posts
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