Kirk Wright is an employee at Anthon Media Creations. His remuneration package consisted of the following per year: $ Basic Salary 6 825 000 Uniform and laundry allowance 280 000 Entertainment allowance 158 000 During the year 2020 he also received the following from his employer:

i. Anthon Media Creations provided Kirk with a cellular phone. He used the phone to call his friends which amounted to $10,000. He did not reimburse the company for the calls made.

ii. Rent of $50 000 per month is paid to an independent landlord for Mr. Wright’s accommodation.

iii. Anthon Media Creations operates an ESOP scheme; $25 000 is deducted monthly from his salary towards the purchase of shares in this scheme. He received $10 800 dividends on shares purchased.

iv. Anthon Media Creations provided Kirk with a motor car to assist him in the performance of his duties. The car was purchased in 2018 for $4 500 000 and was used mainly for business purposes. In addition, the company gave him a motor vehicle allowance of $570,000 and a motor vehicle mileage at a rate of $80 per kilometre. For the year of assessment, Kirk travelled 3,875 miles.

v. In 2018, he executed a deed of covenant in favour of UWI for $48,000 a year payable to the bank.

vi. Kirk contributes 10% of his basic salary to an approved pension scheme. 

Determine Kirk Wright’s income tax liability for the year of assessment 2020 by writing appropriate notes.