Ms. Elizabeth is a senior Manager in UK Company. She was provided with Ford Petrol Car (meeting RDE) The list price of the Car is £56,000. The CO2 emission rate was 102. The taxable amount of Car benefit will be included in her employment income is: (the CO2 emission upto 95 gm/km : 23%) a. 12,880 b. 68,880 c. Exempted d. 13,440

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ms. Elizabeth is a senior Manager in UK Company. She was provided with Ford Petrol Car (meeting RDE) The list price of the Car is £56,000. The CO2 emission rate was 102. The taxable amount of Car benefit will be included in her employment income is: (the CO2 emission upto 95 gm/km : 23%)
a.
12,880
b.
68,880
c.
Exempted
d.
13,440
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