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2 Hannah granted a 23 year lease on a warehouse to Mandy for 42,000 on 1 September 2019. What is the property income assessable on

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2 Hannah granted a 23 year lease on a warehouse to Mandy for 42,000 on 1 September 2019. What is the property income assessable on Hannah for the tax year 2019/20? A 18,480 B 24,000 C 23,520 D 26,620 3 Katie earned an annual salary of 55,000 throughout the tax year 2019/20. She used her own car for the business travel, and she travelled 14,500 business miles during the tax year 2019/20 What is Katie's assessable income assuming her employer paid her 43 per business mile? A 55,610 B 54,390 C 54,710 D 55,290 4 Which of the following is statutory legislation? A. Case law B. Extra-statutory concession C. HMRC statement of practice D. Income Tax Act 2007 2 Hannah granted a 23 year lease on a warehouse to Mandy for 42,000 on 1 September 2019. What is the property income assessable on Hannah for the tax year 2019/20? A 18,480 B 24,000 C 23,520 D 26,620 3 Katie earned an annual salary of 55,000 throughout the tax year 2019/20. She used her own car for the business travel, and she travelled 14,500 business miles during the tax year 2019/20 What is Katie's assessable income assuming her employer paid her 43 per business mile? A 55,610 B 54,390 C 54,710 D 55,290 4 Which of the following is statutory legislation? A. Case law B. Extra-statutory concession C. HMRC statement of practice D. Income Tax Act 2007

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