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Alice was provided with a petrol-powered motor car which has a list price of £24,600. The motor car has an official CO2 emissions rate of 118 grams per kilometre. Alice made a capital contribution of £5,600 towards the cost of the motor car when it was first provided to her by Array Ltd.
Alice was also provided with fuel for her private journeys. The total cost to Array Ltd of fuel for the motor car during the tax year 2015-16 was £1,500.
During the tax year 2015-16, Alice drove a total of 12,000 miles, of which 8,000 were for business journeys.
How would you calculate the fuel benefit ?
It’s the rule. Fuel benefit is calculated using 22,100. See the note or text books. You’ll be able to find it!
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