10 Jacob was provided with a computer for private use on 1 October 2021. The market value of the computer when first provided was £4,300 and at 5 April 2022 the market value was £3,000. What is the value of the taxable benefit in respect of this computer for the tax year 2021/22? A. £600, B.) £860 C. £430 D. £300

10 Jacob was provided with a computer for private use on 1 October 2021. The market value of the computer when first provided was £4,300 and at 5 April 2022 the market value was £3,000. What is the value of the taxable benefit in respect of this computer for the tax year 2021/22? A. £600, B.) £860 C. £430 D. £300

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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