August 2017 despite this the debt still remained

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August 2017; despite this the debt still remained unpaid as at 31 st July 2018. Output VAT had been accounted for in respect of both of these debts. All 6 of Ultra plc’s managers are provided with company cars. Two of the cars have a CO2 emission of 150g/km, two have a CO2 emission of 170g/km and two have CO2 emission of 190g/km. The respective scale charges inclusive of VAT can be found in the attached table. Private fuel costs of £3,200, excluding VAT were incurred for the quarter. Ultra plc disposed of two capital assets for combined proceeds of £6,600 (including VAT) on which they had previously claimed VAT relief for the input VAT. In addition, several capital items exclusive of VAT have been purchased during the quarter; these include office equipment for £10,000, a car for £32,000 which was provided to an employee (it had both private and business use) and fixtures and fittings of £22,000. Included within credit purchases from UK companies are repairs and maintenance costs of £1,800 excluding VAT in respect of company cars provided to employees; these cars had a mixture of business and private use. In addition you also discover that £6,000 excluding VAT of the UK purchases relates to directors private expenses. 1 Sensitivity: Internal
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