(ii) Compute the annual income tax saving from your recommendation in (i) above as compared with the

situation where Cindy retains both the property and the shares. Identify any other tax implications

arising from your recommendation. Your answer should consider all relevant taxes. (3 marks)

[试题](b) Compute Gloria’s total income tax and national insurance liability for 2006/07. (7 marks)

[试题](ii) Explain the income tax (IT), national insurance (NIC) and capital gains tax (CGT) implications arising onthe grant to and exercise by an employee of an option to buy shares in an unapproved share optionscheme and on the subsequent sale of these s

[试题](ii) Advise Mr Fencer of the income tax implications of the proposed financing arrangements. (2 marks)

[试题](ii) Calculate her income tax (IT) and national insurance (NIC) payable for the year of assessment 2006/07.(4 marks)

[试题](b) (i) Compute the corporation tax liability of Speak Write Ltd for its first trading period on the assumptionthat the IR 35 legislation applies to all of its income. (2 marks)

[单选题]In an economy, consumption is 70% of pre-tax income and the average tax rat

[单选题]The annual income of school teachers in this place was __________ at $900.A. budgeted B. predicted C. accounted D. assessed

[试题](b) (i) Advise Andrew of the income tax (IT) and capital gains tax (CGT) reliefs available on his investment inthe ordinary share capital of Scalar Limited, together with any conditions which need to be satisfied.Your answer should clearly identify an

[试题](b) (i) Advise Benny of the income tax implications of the grant and exercise of the share options in SummerG．low plc on the assumption that the share price on 1 September 2007 and on the day he exercises theoptions is ￡3·35 per share. Explain why the

[试题](b) (i) Calculate Amanda’s income tax payable for the tax year 2006/07; (11 marks)