Question: Ken started working for B plc on 1 st September 2020. During the period 1 September 2020 to 5 April 2021 B plc provided Ken

  1. Ken started working for B plc on 1st September 2020.

During the period 1 September 2020 to 5 April 2021 B plc provided Ken with a diesel-powered company car , (non RDE 2 compliant) registered March 2020 with a list price of £32,150.The official CO2   emission rate for the car is 124 grams per kilometer. B plc paid for all of the motor car’s running costs of £2,400 during that period including petrol used for private journeys. Ken pays B plc £30 per month for the use of the motor car.

  

Compute the benefit in kind assessed for Ken for 2020/21.                                                              

Compute the Class 1A national insurance contribution stating by whom it will be paid.

Step by Step Solution

3.37 Rating (150 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Car BEnefit List price appropraite Appropriate List price of car 32150 The car does mot meet RDE2 s... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!