SECTION B-TWO QUESTIONS TO BE ATTEMPTED QUESTION 4 a Air Jones, who is single, has called into your office for advice. He worked for the same company for 27 years before be availed of an "early retirement package offered by the company. He ceased employment at the end of September 2021. His pension, since retirement is 25,000 per annum. Details of the early retirement package follow. . these figures. His a Ex Gratia lump sum payment 110.500 Company car (the original market value in 2017 was 30,000) 17,000 Statutory redundancy 6,700 He took a 7.800 tax free hump sum from the pension scheme. His salary for the 9 months to 30 September 2021 was 30,000. PAYE deducted was 8.000. Benefit-In-Kind was not included smal business mileage is 5,000 km Mr Jones' average salary as detailed in the financial statements of the company was as follona (exclusive of Benefit In Kind): 30 June 2021 54.000 30 June 2020 51,500 30 June 2019 49.000 30 June 2018 45.000 Mr Jones has heard that there is tax relief available on lump sum termination payments. i Adtise ML Jones of his Taxable Income for 2021. (10 mark b. A & Jones is considering moting abroad He is not sure how this will impact on bis tex statius. He has done some research himself but he is still confused. He is particularly confused with the terms. Jesidence","ordinary residence and "domicile. i Explain the above terms and how they affect his liability to Irish Income Tax. (6 mar CA VAT registered trader has requested you to explain the following VAT Tes: i Explain the difference between a multiple supply and a composite supply for VAT purposes. Give an example of each. (4 ma ii. Explain the 'Two-Thirds Rule' in the context of Irish VAT and give an example (including figures) to illustrate your answer. SECTION B-TWO QUESTIONS TO BE ATTEMPTED QUESTION 4 a Air Jones, who is single, has called into your office for advice. He worked for the same company for 27 years before be availed of an "early retirement package offered by the company. He ceased employment at the end of September 2021. His pension, since retirement is 25,000 per annum. Details of the early retirement package follow. . these figures. His a Ex Gratia lump sum payment 110.500 Company car (the original market value in 2017 was 30,000) 17,000 Statutory redundancy 6,700 He took a 7.800 tax free hump sum from the pension scheme. His salary for the 9 months to 30 September 2021 was 30,000. PAYE deducted was 8.000. Benefit-In-Kind was not included smal business mileage is 5,000 km Mr Jones' average salary as detailed in the financial statements of the company was as follona (exclusive of Benefit In Kind): 30 June 2021 54.000 30 June 2020 51,500 30 June 2019 49.000 30 June 2018 45.000 Mr Jones has heard that there is tax relief available on lump sum termination payments. i Adtise ML Jones of his Taxable Income for 2021. (10 mark b. A & Jones is considering moting abroad He is not sure how this will impact on bis tex statius. He has done some research himself but he is still confused. He is particularly confused with the terms. Jesidence","ordinary residence and "domicile. i Explain the above terms and how they affect his liability to Irish Income Tax. (6 mar CA VAT registered trader has requested you to explain the following VAT Tes: i Explain the difference between a multiple supply and a composite supply for VAT purposes. Give an example of each. (4 ma ii. Explain the 'Two-Thirds Rule' in the context of Irish VAT and give an example (including figures) to illustrate your
