Simon Ngirina is employed as a sales manager by Salama Company Ltd$.$He has provided the following information relating to his income for the year ended $31$December $2023$:

Basic salary sh$.250,000$ per month $($PAYE sh$.38,500$ per month$).$

He is housed by the employer in a fully finished house $($cost of furniture sh$\mathrm{.}280,000).$ The market rental value of the house is sh$.45,000$ per month.

He was provided with a company car, $2200$ cc which cost the company sh$.2,000,000$ in $2014.$ It is estimated that $75\%$ of the mileage covered by the car related to official duties.

$4.$The employer has a medical scheme for top managers. The employer paid a medical bill of sh$.520,000$ for Simon's $10$ year old daughter during the year.

He received $20,000$ shares from the company at a price of sh$.30$ per share. The par value per share is sh$.32$ while the market price at the time was sh$.39$ per share.

On July $2023,$ he received a construction mortgage loan of sh$.3,000,000$ at an interest rate of $10\%$ per annum from Mjengo Housing Finance Company to construct a residential house. He constructed the residential house and moved in on $1$ September $2023.$

He received a bonus of $3\%$ of his basic pay during the year for exemplary performance.

The company paid his son's school fees amounting to sh$.240,000$ for the year. This amount was treated as an allowable expense in the employer's books of account.

He contributed sh$\mathrm{.}32,000$ towards a registered pension scheme.

$10.$On $1$ May $2023,$ he started an auto spares shop. The shop made a net loss of sh$.200,000$ during the year. This was after deducting the cost of fixtures sh$.80,000,$ salary to his son who operated the shop sh$.60,000$ and operating expenses sh$.180,000.$

He earned professional fees of sh$.95,000($net$)$ from his part$-$time practice.

Required:

$($i$)$Taxable income of Simon Ngirina for the year ended $31$ December $2023.$

$($ii$)$Tax liability $($if any$)$ from the income computed in$($ i$)$ above.