Disallowed contract hire expenses

Disallowed contract hire expenses

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Can anyone confirm that the formula for disallowed contract hire expenses is still

12000 + P X L
2P
Michelle Radford

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By neileg
08th Aug 2005 13:41

Depends
You have the right formula but you need to exclude other costs included in the contract hire payment, providing they can be identified. The most obvious case being the maintenance element.

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