Benefits In Kind Flashcards by Pierre Sangan | Brainscape

Q

Gift of wine basket worth £5000

A

Yes

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Q

Do you apportion for time

A

Yes

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Q

Transfer of ownership measures at… of normal method and formula method

A

Higher

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Q

Employee pays NIC on…

A

Wages, pension contributions, personal allowance

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Q

Qcds extend basic rate band by

A

Gross amount of the donation 100/80

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Q

If using laptop for private use do you apportion BIK to account for this

A

No

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Q

Do you apportion fuel BIK for private use, what is formula

A

No, 24600 * percentage

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