Question
On 1 st July 2021, Fred was appointed as a musician in an international hotel chain earning 18,000 as a basic annual salary. In addition,
On 1st July 2021, Fred was appointed as a musician in an international hotel chain earning 18,000 as a basic annual salary. In addition, he received a monthly commission of 250 for evening performances during the 2021/22 tax year. He received a diesel car worth 28,000 with CO2 emissions of 157g/km from his employer. His employer contributed 250 towards his fuel expenses each month he had the car. He was pleased to be provided with a work mobile, paid for by his employer, worth 599, and his employer paid for his annual eye test at the opticians.
Required:
Calculate for Fred the correct amount of employment remuneration that he should include on his tax return for 2021/22. [Only remuneration, not taxation on it.]
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