Car Benefit

Poodle

Hi

Does any one have a quick way to work a car benefit backwards?


If an employees contract says that a car benefit equal to £3,500 is allowable p.a, what value car does that equate to?

Poodle

PS forget fuel

Dean

It would depend on how 'dirty' the car is to get a cost price?

Although, I’m sure there must be an algebraic formula here, where 'E' = the percentage of emissions – but it’s to late in the day for me to work it out :laugh:

Regards

Dean