Brenda is a company director and she earns a regular monthly salary of 8,000. In May 2023

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Brenda is a company director and she earns a regular monthly salary of £8,000. In May 2023 she received a £20,000 bonus.

She is provided with a diesel-engined company car which has an emission rating of 148g/km and had a list price when new of

£26,000. The company pays all the running costs of the car, including fuel for private motoring. Her BUPA medical insurance subscription of £2,750 per year is also paid by the company.

Calculate the NICs payable in respect of Brenda for 2023-24.

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Taxation Finance Act 2023

ISBN: 9781292461083

29th Edition

Authors: Alan Melville

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Question Posted: May 02, 2024 10:01 AM

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Brenda is a company director and she earns a regular monthly salary of 8,000. In May 2023

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Taxation Finance Act 2023

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