问答题
6.Wai was born on 14 June 1960. She is employed as a sales manager by Qaz plc, and the following information is available in respect of the tax year 2014–15:
(1) During the tax year 2014–15, Wai was paid a gross monthly salary of ￡10,200.
(2) In addition to her salary, Wai has been paid the following bonuses:
(3) During the period 6 April to 31 August 2014, Wai used her private motor car for both private and businessm journeys. She was reimbursed by Qaz plc at the rate of 55p per mile for the following mileage:
(3) During the period 6 April to 31 August 2014, Wai used her private motor car for both private and businessm journeys. She was reimbursed by Qaz plc at the rate of 55p per mile for the following mileage:
问答题
(a) Calculate Wai’s taxable income for the tax year 2014–15. (12 marks)
【正确答案】
【答案解析】
问答题
(b) Briefly outline the information to be included in PAYE forms P60 and P11D, and state the dates by which they should have been provided to Wai for the tax year 2014–15.
Note: Your answer should be confined to the details which are relevant to Wai, although no figures are required. (3 marks)
【正确答案】Form P60
(1) Form P60 will show Wai’s taxable earnings, income tax deducted, final tax code, national insurance contributions (NIC), and Qaz plc’s name and address.
(2) This form should have been provided to Wai by 31 May 2015.
Form P11D
(1) Form P11D will detail the expenses and benefits provided to Wai. ?
(2) This form should have been provided to Wai by 6 July 2015.
【答案解析】