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Ask the Tutor ACCA TX-UK

seeking clarity about something in Chapter9

SShamim23d ago
In the video, the part (Ch9, section 7.5) taking about use of assets. You said the employee can be assessed on 20% of the market value of the asset. You gave an example of 20% of 1000, which gives 200 pounds. However, with further explanation, you kept saying 2000 pounds. So, which one is the correct one? I would love to think that it was a sleep of the tongue. Thank you for the lecture sessions
AmandaPAmandaPTutor22d ago#1
It must have been a slip of the tongue! It's 20% x market value when first provided to any employee (not 200%!). Sorry for any confusion!
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