- This topic has 0 replies, 1 voice, and was last updated 5 years ago by .
Viewing 1 post (of 1 total)
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.
Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › ACCA Forums › ACCA TX Taxation Forums › Employment income – Benefit in Kind
George was employed as a sales representative by a large UK based manufacturing company. His basic salary for the tax year was £45,000; in addition he was in receipt of the following bonus payments based on the company’s accounts years:-
(i) £3,600 paid in September 2020 for the accounts year ended 30 June 2020;
(ii) £4,800 paid in September 2021 for the accounts year ended 30 June 2021.
He had the use of a company car, Ford Fiesta list price £12,500 when new in July
2018. Its CO2 emissions were 175 grams per kilometre and the company paid £600
to George for private fuel.
What is the tax chargeable for 2020/21 tax year
