The employer provided Mr Roly with Petrol powered motor car which has list price of £15,000. It has a Co2 emission rate of 173 grams per km. During 2019/20, the employer has paid £25,000 for fuel. How much is the taxable benefit of the fuel provided by the employer to Mr Roly? a. £8,917 b. £5,750 c. £5,543 d. £9,250

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The employer provided Mr
Roly with Petrol powered
motor car which has list
price of £15,000. It has a Co2
emission rate of 173 grams
per km. During 2019/20, the
employer has paid £25,000
for fuel. How much is the
taxable benefit of the fuel
provided by the employer to
Mr Roly?
a. £8,917
b. £5,750
c. £5,543
O d. £9,250
Transcribed Image Text:The employer provided Mr Roly with Petrol powered motor car which has list price of £15,000. It has a Co2 emission rate of 173 grams per km. During 2019/20, the employer has paid £25,000 for fuel. How much is the taxable benefit of the fuel provided by the employer to Mr Roly? a. £8,917 b. £5,750 c. £5,543 O d. £9,250
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