Mock 1 - Task 3
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katelowes
Registered Posts: 16 New contributor 🐸
in Business Tax
Sitting business tax - Does anyone know how to get the allowance figure for Car 1 and Car 3? Not sure where the figures come from.
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Comments
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Without seeing the whole question, I would guess that there is private use on the cars. It looks as if the business use on the cars is 80% (1175 x 80% = 940 and 1121 x 80% = 897)0
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attached question - is it a general rule that business usage is 80%?0 -
It isn't a general rule. The question will state the business use (eg 80%) or, more likely, the private use (eg 20%)0
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Thank you!0
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You're welcome0
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