SE21732 - Benefits: assets hired or rented by employer
Section 156(5) and Section 156(7) ICTA 1988
There are special rules for calculating the chargeable benefit
where an asset other than a motor car or living accommodation is
hired or rented. The instructions are at
SE21615 to SE21617.
Note that the rent or hire charge is only used in the
calculation under
SE21615 if it is greater than the
“annual value of the use of the asset” (
SE21617).
As regards:
