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Halima Ali is a resident employed as a Finance Manager of Autotech International operating in Garrissa County. She provided the following information for the year

Halima Ali is a resident employed as a Finance Manager of Autotech International operating in Garrissa County. She provided the following information for the year 2022, 1. Her employment contract indicated the following: Sh, Basic monthly Salary 250,000 Monthly hardship allowance 45,000 Monthly responsibility allowance 50,000 Monthly Commuter allowance 25,000 2. During the year she received Sh. 90,000/- as bonus for the previous years reported profits 3. She was provided with a fully furnished apartment by the employer. The employer paid a rent of Sh. 80,000/=and the cost of the furniture was Sh.320,000/= 4. The employer paid her monthly medical insurance premiums of Sh. 5000/=during the year. 5. PAYE deducted from monthly salary was Sh.68,000/= 6. The company provide her with 2500cc saloon car on 01 July 2022 for official and private use. The car had been purchased for Sh 1,800,000/= 7. She contributed Sh.15,000= per month to a registered pension scheme 8. She obtained a mortgage loan for the purposes of constructing her residential house from the National Savings Bank. The loan amount was Sh 4,000,000 with a monthly repayment of Sh.60,000/=. During the year the total Interest paid on the loan was Sh 400,000= 9. The company has a medical scheme for its managers. She was reimbursed Sh. 380,000 during the year in respect of medical bills. 10. During the year she was voted as the best employee and the company rewarded her with the cash of Sh.60,000= 11. The company paid her sons college fee amounting to Sh. 120,000/= during the year. This amount was treated as an allowable expense in the companys books of accounts. Required a) Taxable Income for Halima Ali for the year 2022 (12 Marks) b) Tax liability (If any) from the income computed in (b) above

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