Chap 4

Sandra works for Julian (a sole trader) as a part-time salesperson at a salary of £6,000 a year. On 31 December 2023, she received a bonus of £2,000 in respect of Julian's trading results for the year ended 30 September 2023. She expects to receive a bonus of £2,500 in December 2024. What are Sandra's assessable earnings for 2023/24?

• £6,000

• £7,250

• £8,000

• £8,250

Oliver is employed by Munton pic and earns a salary of £20,000 a year. He also receives the following benefits during 2023/24: Meal vouchers of £2 per day (240 working days in year), Pension advice costing £100, Ticket to sporting event from a customer of Munton pic worth £50. What are Oliver's taxable benefits for 2023/24?

• £0

• £480

• £580

• £530

Gerald is employed by Zoom pic at a salary of £30,000 a year. He is provided with a car available for private use from 1 November 2023. The car has CO2 emissions of 103 g/km and a list price of £18,000. The car has a diesel engine and complies with the RDE2 standard. What is the taxable car benefit in 2023/24?

• £4,500

• £5,220

• £1,875

• £2,175

Tricia is employed by Wilton Ltd at a salary of £15,000 per year. She is also entitled to taxable benefits of £3,930. She has no tax overpaid or underpaid from previous tax years. What is Tricia's tax code for 2023/24?

• 1250L

• K863

• 864L

• K679

David's tax code for 2023/24 is .....................