Jackie, a higher paid employee, has an 1000cc, diesel van which was first registered in 2017 when it had a list price of £20,000 and produces emissions of 95g/km of carbon dioxide. Fifty per cent of Jackie's mileage was for business purposes and she makes no contributions towards the cost

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Jackie, a higher paid employee, has an 1000cc,
diesel van which was first registered in 2017 when
it had a list price of £20,000 and produces
emissions of 95g/km of carbon dioxide. Fifty per
cent of Jackie's mileage was for business purposes
and she makes no contributions towards the cost
of the van and she has the van for the whole year
and has a satellite navigation system fitted as an
accessory to the van (not standard) costing £250.
Calculate the taxable benefit.
A
£3,170
В
£3,200
£3,430
£3,490
Transcribed Image Text:Jackie, a higher paid employee, has an 1000cc, diesel van which was first registered in 2017 when it had a list price of £20,000 and produces emissions of 95g/km of carbon dioxide. Fifty per cent of Jackie's mileage was for business purposes and she makes no contributions towards the cost of the van and she has the van for the whole year and has a satellite navigation system fitted as an accessory to the van (not standard) costing £250. Calculate the taxable benefit. A £3,170 В £3,200 £3,430 £3,490
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