| |
Market value of asset when first provided
as benefit A1 |
£
500.0 |
|
| |
Amount already taxed as benefit since first
provided A2 |
£ 300.0 |
|
| |
A1 minus A2 = A3 |
£
200.0 |
|
| |
Market value of asset as at the date of
transfer A4 |
£ 250.0 |
|
| |
Greater of A3 and A4 = A5 |
£
250.0 |
|
| |
Amount paid by employee for the asset A6 |
£ 100.0 |
|
| |
Total Cash Equivalent Amount A |
£ 150.0 |
|