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Amanda is a sole trader who prepares accounts to 5 April each year. In the period ended 5 April 2020 she leased a motor car
Amanda is a sole trader who prepares accounts to 5 April each year. In the period ended 5 April 2020 she leased a motor car with CO2 emissions of 120g/km. The leasing costs were 4,200. Amanda drove 12,000 miles in the car during the period, of which 3,600 were private use miles. What is the net amount of the leasing costs which will be allowed in the adjustment of profits calculation? A. 2,499 B. 1,071 C. 2,940 D. 3,570
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