Q 32.xlsx - Q 32 a 1 employment income car benefit fuel benefit total income less personal allowance taxable total income Income tax liability Non

Q 32.xlsx - Q 32 a 1 employment income car benefit fuel...

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Q 32) a) 1) employment income 99000 car benefit 3496 fuel benefit 0 total income 102496 W2) person less: personal allowance -10602 taxable total income 91894 personal al less: Income tax liability PA remaini Non savings Basic rate 6900 high rate 22958 income net of income tax 62036 total liability 29858 employment income 102000 W1) MILEA AMA (W1) -2600 running costs -7100 she drives taxable income 92300 Amount sh tax liability (non savings) 10000 @ 4 basic rate 6900 2000 @ 25 high rate 23120 income net of income tax total total 30020 62280 amount sh 12000 @ 2 she should b) the offer from zodiac plc is more beneficial than aurora plc as the tax saving is
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  • Winter '20
  • Taxation in the United States, Stock and flow

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