Question 6

Taylor is employed as a sales manager throughout 2021/22.

Her remuneration comprises the following

Salary 54,000 per annum

Relocation expenses9,000 received on 6 June 2021

Car parking at work 75 per month (cost to employer)

Private golf membership 650 per annum (cost to employer)

Company car available for private use List price 32,450

Cost to employer 29,900

CO2 emissions174 g/km

The company car is a diesel and does not meet the RDE2 standard. Taylor made a capital contribution of 6,000 towards the car and her employer paid for all of her private diesel

Required:

a) Calculate the taxable value of all of the benefits in kind provided to Taylor for 2021/22.

b) Calculate the total Class 1A National Insurance Contributions payable in respect of Taylor for 2021/22.

c) Calculate the total National Insurance Contributions payable by Taylor (assuming an annual basis applies) for 2021/22.