The company has given her the choice of being provided with a leased company motor car or alternatively being paid additional director’s remuneration and then privately leasing the same motor car herself. Company motor car The motor car will be provided throughout the tax year 2009–10, and w...
(a) Advise Sammi Smith of the income tax and national insurance contribution implications for the tax year 2009–10 if she (1) is provided with the company motor car, and (2) receives additional director’s remuneration of ￡26,000. (5 marks) (b) Advise Smark Ltd of the corporation tax...
The company has given her the choice of being provided with a leased company motor car or alternatively being paid additional director’s remuneration and then privately leasing the same motor car herself. Company motor car The motor car will be provided throughout the tax year 2009–10, and w...
(a) Advise Sammi Smith of the income tax and national insurance contribution implications for the tax year 2009–10 if she (1) is provided with the company motor car, and (2) receives additional director’s remuneration of ￡26,000. (5 marks) (b) Advise Smark Ltd of the corporation tax...
(9) Income of Euro 300 for giving a lecture at a university during his visit to France. Individual income tax equivalent to RMB 400 was paid in France on this income. Required: Calculate the individual income tax (IIT) payable by Mr Wu on each of items (1) to (9) for the month of...