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An employee was provided with a new car costing £15,000 on 6 April 2012. The car emits 171g/km of CO2. During 2012/13 the employer spent £900 on insurance, repairs and a vehicle licence. The firm paid for all petrol, costing £1,500, without reimbursement. The employee paid the firm £270 for the private use of the car. Required: Calculate the taxable benefits for private use of the car and private fuel. |