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Corporate tax and NIC

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Corporate tax and NIC

  • This topic has 2 replies, 2 voices, and was last updated 12 years ago by an3w.
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  • November 17, 2012 at 5:18 pm #55415
    an3w
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Reference made to Practice & Revision Kit (BPP Learning Media) Question No. 6 part B

    Why is there a deduction of 15% from the annual cost of motor car ??

    November 19, 2012 at 5:02 pm #107732
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Hi an3w I do not have a copy of the BPP revision kit but from what you have said it must be the add back of 15% (a rule!) of a lease hire charge on a car with co2 emissions above 160 gm/km

    November 20, 2012 at 10:55 am #107733
    an3w
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    yea i couldn’t find the rule on the book, that’s why needed to confirm. . . thank you

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