Worked as a finance manager earning 4 6 , 0 0 0 per annum. He is provided
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Question:
Worked as a finance manager earning per annum. He is provided with a
petrol car by his employer, list price with CO
emissions of gkm His
employer pays for all the fuel for the car. He is provided with a work mobile worth
There is a staff canteen available to all staff where Henry has a subsidised
lunch each day; this costs him and he estimates an equivalent meal
elsewhere would be approximately Henry had to pay professional
subscriptions to the ICAEW of this year.
Received interest on his bank savings account of during the year, and
dividends of He has an ISA, on which he received of interest during
the year.
Required:
Calculate Henrys income tax liability for the year You must include the
rental and selfemployed income calculated in Questions and in your
calculation.
Net Rental Income is
and the profit is which is its self employed income.
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