Confused PTC

jewels.p
jewels.p Registered Posts: 1,774
in AAT Level 4 (Level 8 in Scotland)
This is confusing me in Dec 09 PTC paper when calculating the assessable benefit for the furniture in Task 1.1 the contribution is deducted AFTER the £8,000 is multiplied by 20%. I thought contributions were deducted BEFORE the 20% is calculated as is the case when calculating car benefits!

Comments

  • meibaker
    meibaker Registered Posts: 481
    hi, i think the contribution are all deducted after, except if you made a capital contribution to a car, then it will deducted from the listing price first
  • Ampsie
    Ampsie Registered Posts: 145 🎆 🐘 🎆
    meibaker wrote: »
    hi, i think the contribution are all deducted after, except if you made a capital contribution to a car, then it will deducted from the listing price first

    I agree - that's how i understood it!
  • jewels.p
    jewels.p Registered Posts: 1,774
    Thanks I will need to remember that

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