TUTORIAL 4 Question 1 Mr Deane is a UK resident and is employed by BB Ltd, a company incorporated and carrying on business in England since January 2012. On 1 April, 2017, Mr Deane had to stationed in Hong Kong and he visited different places when carrying out his duties. It is accepted that Mr Deane's employment with BB Ltd is located outside Hong Kong. You have been supplied with the following information in respect of Mr Deane for the year ended 31 March 2018: (1 ) Mr Deane stayed in the following places: Place Days Hong Kong 280 Mainland China 25 Europe (including 15 days' vacation leave) 60 365 In addition, he receives $41,000 per year as a 'holiday allowance'. The purpose of this allowance is to enable her to return to his home in the UK once a year, as well as to fund other occasional holidays. BB does not monitor how this amount is actually spent. In fact, Deane spent only $33,000 of this amount on holiday travel in the 2017/18 year. (2) Salary: $1,200,000 (3) Bonus: $300,000 (4) Allowance for stays in Hong Kong: $28,000 Allowance for stays outside Hong Kong: $23,250 (5) Directorship: Mr Deane was appointed as the managing director of CC Ltd, a subsidiary of BB Ltd is incorporated in Bermuda, and carries on an investment business in China. During