| |
Market value of the asset when
first provided as a benefit L1 |
26000.0 |
|
| |
Applicable percentage based on
Cut off date [ 06/04/1980 ] L2 |
20 |
|
| |
Annual Value of use of asset L3 |
5200.00 |
|
| |
Proportionate Annual Value of use
of asset for actual number of benefit days L4 |
5185.75 |
|
| |
Rent / Hire charges paid for the
asset L5 |
0.00 |
|
| |
Greater of L4 and L5 = L6 |
5185.75 |
|
| |
Any other expenditure met by employer
or person making the asset available L7 |
0.00 |
|
| |
Amount made good L8 |
0.00 |
|
| |
Exemption Dependent on Asset L9 |
0.00 |
|
| |
Total Cash Equivalent ( L6 + L7 minus L9 )
minus L8 = L |
5185.75 |
|