Home For AAT student members AQ 2016 Professional Diploma in Accounting Business Tax

Mock 1 - Task 3

kateloweskatelowes Registered Posts: 11
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.

Comments

  • PeterCPeterC Registered, Tutor Posts: 190
    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)
  • kateloweskatelowes Registered Posts: 11


    attached question - is it a general rule that business usage is 80%?
  • PeterCPeterC Registered, Tutor Posts: 190
    It isn't a general rule. The question will state the business use (eg 80%) or, more likely, the private use (eg 20%)
  • kateloweskatelowes Registered Posts: 11
    Thank you!
  • PeterCPeterC Registered, Tutor Posts: 190
    You're welcome
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