Confused PTC

jewels.p

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!

meibaker

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

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

Thanks I will need to remember that