Explain the fuel benefit and the income tax and national insurance contributions consequences of an employer paying

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Question:

Explain the fuel benefit and the income tax and national insurance contributions consequences of

an employer paying for the cost of an employee

s private fuel when using a petrol driven company

car registered cost

34, 000

with a CO

2

emission of

142

grams per kilometre and how this charge

might be avoided.

(20

marks

)

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

See More Books

Posted Date: May 07, 2024 06:40 AM

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Explain the fuel benefit and the income tax and national insurance contributions consequences of an employer paying

Question:

Expert Answer:

The fuel benefit refers to a situation where an employer pays for the cost of an employees private f... View the full answer

Income Tax Fundamentals 2013

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