William earns £120,000 per year from his job, and is entitled to a diesel company car and all fuel (business and private). The car has a list price of £28,000, but was purchased at a discount for £26,500. It has emissions of 173 g/km. William makes cash contributions of £600 per year to charities under the gift aid scheme. Calculate William’s tax liability (to the nearest £), using the following table. Workings Salary Car benefit Fuel benefit Personal allowance Taxable income Tax at 20% Tax at…
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