Sir,
Does use of assets,car, accomodation needs to be time apportioned ?
Ask the Tutor ACCA TX-UK
Time apportionment
As shown in the lectures the benefits in respect of the use of living accommodation, cars, car fuel and other assets provided for private use are annual benefits and would be time apportioned if for example they had only been provided from 1 December 2021 then only 4/12 of the annual benefits computed would be assessable in 2021/22
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