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Mrs. Cornell is a senior executive with Berkeley plc. Her salary is 40,000 p.a. In the tax year 2019/20 her employers made the following benefits

Mrs. Cornell is a senior executive with Berkeley plc. Her salary is £40,000 p.a. In the tax year 2019/20 her employers made the following benefits available to her: A Ford Motor car from 6 October 2019. Its list price is £20,000 and its CO2 emission 139 g/km. The company paid all running expenses including private petrol. She was provided with Driver services. Salary of Driver is paid by the company. Driver salary is per month £.300. Also, the company provided Furniture costing £ 10,000 for the full year. She continued to have the use of a stereo system owned by the company which cost £2200 two years ago and which kept at her home. Calculate Taxable Income and Tax liability for the 2019-20 as per UK tax law.

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