Salaries Tax Calculation Mr Ding is the managing director of Hallstroms Ltd, a company incorporated in Hong Kong. During the year ended 31 March 2015, he received the following income from his employment and made the following payments: Income Basic Bonus Car allowance (1) Furniture allowance (2) Education allowance (3) Credit card reimbursement (4) Payments Club subscription (5) Electricity, gas, and telephone Domestic rent Subscription to professional association Car expenses (1) Travel (6) Legal fees (7) $150,000 $30,000 $20,000 $20,000 $60,000 $30,000 $20,000 $20,000 $80,000 $3,000 $20,000 $25,000 $20,000 Notes: (1) Mr Ding's car is used 50% for the time for work-related travel and 50% of the time for private purposes. (2) With the agreement of Mr Ding, the company paid this amount directly to an antique company which delivered a painting to Mr Ding. Mr Ding had agreed to buy the painting and asked the antique company to send the bill to the company for payment on his behalf.After the painting was delivered to Mr Ding an independent valuer recognized it was the work of a famous artist and valued it at $30,000. (3) Mr Ding used this money to pay the school fees for his son, aged 17. to attend a school in the United Kingdom. (4) The company reimbursed the private purchases made by Mr Ding using his own credit card at his local department store (5) It is a condition of his employment that Mr Ding becomes a member of a certain club The club is a well-known one to which many important clients of the company belong. (6) During the year. Mr Ding and his wife took a trip to Japan. incurring the following expenses: two plane tickets ($10,000). car hire ($5,000). food and lodging ($10,000) (7) A rival sued Mr Ding for enticing its employees to work for the company. Mr Ding won the case and the following day. the company paid him the bonus of $30,000 which is set out above. His unrecouped legal expenses totalled $20,000. (8) The items of income set out above were all paid to Mr Ding by the company. The payments were all made by him and were not reimbursed by the company (9) Mr Ding had been a director of the company's associated company. Hallstroms Finearts Ltd incorporated in Hong Kong for six years. He resigned as director in April 2013 and received an amount of $10.000 described as ' appreciation for your loyal services over the last few years'. This amount is not disclosed in the figures set out above. (10) Mr Ding's wife lives in London with their son aged 17 and his mother aged 78. Calculate Mr Ding's salaries tax liability for the year of assessment 2014/2015. Provide brief explanations for the tax treatment vou have accorded to the above items.