Thomas White is employed at BCV Ltd. During the year of assessment 2018, he received the following from his employer:

i. Salary of $300,000 per month

ii. Rent per month $120,000 (paid directly to him)

iii. Thomas drives the company car that was purchased in 2013 for $4,000,000 which is used mostly for business purposes

iv. He received entertainment allowance of $100,000 per annum and he used the companys credit card to pay for the expenses incurred. The service charge and interest on the card amounted to $4,640.

v. Thomas was given a companys cell phone which incurred a monthly bill of $5,500 per month; this was used exclusively for business purposes. BCV ltd. also paid Thomas home phone bill at an average of $6,900 per month; this he used exclusively for personal business.

vi. The company provided lunch tickets to their employees. During the year, Thomas collected $8,000 worth of meal tickets. Half of this amount was used for overtime meals. vii. Thomas is attending university part-time and received a scholarship of $60,000 from BCV ltd for the year. viii. Thomas contributes 10% of his basic salary to an approved pension scheme.

ix. BCV Ltd has an approved ESOP scheme in which Thomas participated and acquired shares valued at $191,200.

Required

A. Determine Thomas Income Tax Liability for the year of assessment 2018, taking into consideration PAYE amounting to $$630,000 was paid for the year. (14 marks)

B. State the tax implications for each of the following: i. Resident ii. Non-resident iii. Domicile

1. Motor Vehicles - Annual Taxable Benefit: Table 1. Figure in brackets is the value of motor vehicle emolument where the taxpayer has over 50% private use. Other figures represent the value when taxpayers have up to 50% private use. Income Tax Threshold 3. Designated Travelling Officers: Motor Vehicle Allowance $457,920 per annum 4. Designated Travelling Officers: Mileage Rates $36.00 per kilometre 5. Laundry Allowance $3,395 per annum 6. Uniform Allowance $5,739 per annum