Question
Serene Volley is employed as a sports journalist by Backhand plc, a newspaper publisher. During the tax year 2022/23 she was paid a gross annual
Serene Volley is employed as a sports journalist by Backhand plc, a newspaper publisher. During the tax year 2022/23 she was paid a gross annual salary of 26,400. Income tax of 4,190 was deducted from her annual salary under PAYE. Serene contributed 5% of her salary to a HMRC registered occupational pension scheme.
Throughout the tax year 2022/23, Backhand plc provided Serene with a petrol-powered car that has a list price of 16,400. Backhand paid 12,000 for the car after receiving a discount from a car supplier. The official CO2 emission rate for the car is 138g/km and the car was registered before 6 April 2022. The company did not provide Serene with any fuel for private use. Serene is also provided with the use of a company house (not job related) which cost 250,000 and has an annual value of 10,200. She pays for all the running costs. In addition to her employment income, Serene received interest of 1,350 on the maturity of a savings certificate from the National Savings and Investment Bank during the tax year 2022/23. She is also provided with a mobile phone for private and business use, costing the employer 200. She also received dividend income of 1,200 and building society interest of 4,000. She received rental income of 14,000. Serene made a Gift Aid donation of 3,200 to one of her favourite charities.
Required:
Calculate the income tax payable by Serene for the tax year 2022/23.
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