Calculate Income Tax Liability for the Tax year 2020/21 for Donald, Boris and Ursula in context to UK Taxation.

No SIM 12:11 am 19% attachment.outlook.live.net The following information is available for Donald, Boris and Ursula for the tax year 2020/21: Donald 1. During the tax year Donald received pensions of 10,000. 2. In addition to pension income Donald received ISA interest of 5,000 and Building Society interest of 8,000 during the tax year. These were the actual cash amounts received. 3. Donald owns a penthouse which was let to a tenant for the whole of tax year at a rental of 1000 per week. During the year Donald spent 3,350 on Insurance, 15,500 on repairs and maintenance and 12,320 replacing the sofa. The new gilt-edged sofa is superior in quality to the old one. It only have cost 8,150 to replace the old sofa with one of equivalent quality. Donald had property losses brought forward from 2019/20 of 18,000. 4. Donald received dividend income of 36,000 in the tax year. Boris 1. Boris is employed as a manager for Brexit plc. During the tax year he was paid a gross annual salary of 175,000 2. During the tax year Brexit plc provided Boris with a diesel-powered motor car which has a list price of 77,000. The motor car cost the company 65,500 and it has an official CO2 emissions rate of 180g/km. The car does not meet RDE2 requirements. Brexit plc paid all the running costs. 3. Boris contributed 8.5% of his gross salary of 175,000 into Brexit plc HM Revenue and Customs registered occupational pension scheme. The company contributed a further 9.5% on his behalf. 4. During the tax year Boris donated 150 gross per month to charity under the payroll No SIM . 12:11 am 19% attachment.outlook.live.net Boris 1. Boris is employed as a manager for Brexit plc. During the tax year he was paid a gross annual salary of 175,000. 2. During the tax year Brexit plc provided Boris with a diesel-powered motor car which has a list price of 77,000. The motor car cost the company 65,500 and it has an official CO2 emissions rate of 180g/km. The car does not meet RDE2 requirements. Brexit plc paid all the running costs. 3. Boris contributed 8.5% of his gross salary of 175,000 into Brexit plc HM Revenue and Customs registered occupational pension scheme. The company contributed a further 9.5% on his behalf. 4. During the tax year Boris donated 150 gross per month to charity under the payroll deduction scheme. s. Boris is provided with use of a company residence which has an annual value of 25,000 and which cost his employer 550,000. Boris makes no contribution towards the cost of the residence or the running costs which cost Brexit plc 3,900 in the tax year. The company has also furnished the residence at a cost of 34,000. Boris's occupation of the residence is not job related. The official rate of interest is 2.25% per annum. Ursula 1. Ursula commenced self-employment as a consultant on 6 April 2020. Her tax adjusted trading profit based on draft accounts for the year ended 5 April 2021 is 125,000. 2. During the tax year Ursula made donations under the gift aid scheme totalling 960 net to national charities. 3. During the tax year Ursula made net No SIM 12:11 am 19% attachment.outlook.live.net Ursula 1. Ursula commenced self-employment as a consultant on 6 April 2020. Her tax adjusted trading profit based on draft accounts for the year ended 5 April 2021 is 125,000. 2. During the tax year Ursula made donations under the gift aid scheme totalling 960 net to national charities. 3. During the tax year Ursula made net contributions of 16,000 into a personal pension scheme. No SIM 12:11 am 19% attachment.outlook.live.net The following information is available for Donald, Boris and Ursula for the tax year 2020/21: Donald 1. During the tax year Donald received pensions of 10,000. 2. In addition to pension income Donald received ISA interest of 5,000 and Building Society interest of 8,000 during the tax year. These were the actual cash amounts received. 3. Donald owns a penthouse which was let to a tenant for the whole of tax year at a rental of 1000 per week. During the year Donald spent 3,350 on Insurance, 15,500 on repairs and maintenance and 12,320 replacing the sofa. The new gilt-edged sofa is superior in quality to the old one. It only have cost 8,150 to replace the old sofa with one of equivalent quality. Donald had property losses brought forward from 2019/20 of 18,000. 4. Donald received dividend income of 36,000 in the tax year. Boris 1. Boris is employed as a manager for Brexit plc. During the tax year he was paid a gross annual salary of 175,000 2. During the tax year Brexit plc provided Boris with a diesel-powered motor car which has a list price of 77,000. The motor car cost the company 65,500 and it has an official CO2 emissions rate of 180g/km. The car does not meet RDE2 requirements. Brexit plc paid all the running costs. 3. Boris contributed 8.5% of his gross salary of 175,000 into Brexit plc HM Revenue and Customs registered occupational pension scheme. The company contributed a further 9.5% on his behalf. 4. During the tax year Boris donated 150 gross per month to charity under the payroll No SIM . 12:11 am 19% attachment.outlook.live.net Boris 1. Boris is employed as a manager for Brexit plc. During the tax year he was paid a gross annual salary of 175,000. 2. During the tax year Brexit plc provided Boris with a diesel-powered motor car which has a list price of 77,000. The motor car cost the company 65,500 and it has an official CO2 emissions rate of 180g/km. The car does not meet RDE2 requirements. Brexit plc paid all the running costs. 3. Boris contributed 8.5% of his gross salary of 175,000 into Brexit plc HM Revenue and Customs registered occupational pension scheme. The company contributed a further 9.5% on his behalf. 4. During the tax year Boris donated 150 gross per month to charity under the payroll deduction scheme. s. Boris is provided with use of a company residence which has an annual value of 25,000 and which cost his employer 550,000. Boris makes no contribution towards the cost of the residence or the running costs which cost Brexit plc 3,900 in the tax year. The company has also furnished the residence at a cost of 34,000. Boris's occupation of the residence is not job related. The official rate of interest is 2.25% per annum. Ursula 1. Ursula commenced self-employment as a consultant on 6 April 2020. Her tax adjusted trading profit based on draft accounts for the year ended 5 April 2021 is 125,000. 2. During the tax year Ursula made donations under the gift aid scheme totalling 960 net to national charities. 3. During the tax year Ursula made net No SIM 12:11 am 19% attachment.outlook.live.net Ursula 1. Ursula commenced self-employment as a consultant on 6 April 2020. Her tax adjusted trading profit based on draft accounts for the year ended 5 April 2021 is 125,000. 2. During the tax year Ursula made donations under the gift aid scheme totalling 960 net to national charities. 3. During the tax year Ursula made net contributions of 16,000 into a personal pension scheme