(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...
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...
Note: your answer to both sub-parts (i) and (ii) should be confined to the details that are relevant to Joe Jones. 2. (a) Neung Ltd is a UK resident company that runs a business providing financial services. The company’s business is mainly based in the UK, but Neung Ltd also ha...