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cap removed
Company Cars – Security Features Not to be Regarded as Accessories
Effective 06 April 2011, where a company car was made available for private use, the £80,000.00 cap was removed for benefit calculations – i.e. the list price plus accessories is no longer capped at £80,000.00. This will impact our P11D reporting for the tax year 2011/12 in July 2012. However, the term accessories made no [...]
