MARTIN-2021/22

SALARY 144000
BONUSES 35100
MOTOR CARS(W1) 3397
INTEREST FREE LOAN 0
HOME ENTERTAINMENT SYSTEM 1480
PAYROLL DEDUCTION SCHEME -1000
ANNUAL PROFESSIONAL SUBSCRIPTION -560
ANNUAL MEMBERSHIP FEE(HEALTH CLUB) 0
PROFIT 20930
PROPERTY INCOME 1700
DIVIDENDS 440
NSI 0

LESS:PA 0

205487

Q2

SAMSON AND DELILAH

SAMSON
GROSS ANNUAL SALARY 112000
BUILDING SOCIETY INTEREST 4800
116800
LESS:PA(W3) -4170
112630

DELILAH
GROSS ANNUAL SALARY 184000
MOTOR CARS(W1) 22848
HAMPERS OF GROCERIES 0
TRAVEL BY TRAIN 0
LESS: PAYROLL DEDUCTION SCHEME -3000
PARTNERSHIP PROFITS(W2) 34240
PERSONAL LOAN INTEREST -6200
CHAUFFER 9400
BUILDING SOCIETY INTERST 4800

246088

246088

SAMSON ITL

37700*20/100 7540
(112630-37700)*40/100 29772

37312

DELILAH ITL
CHARITABLE GIFT AID DONATIONS 6080

(37700+6080)*20/100 8756
(150000+6080)*40/100 44920
246088-156080 40504

94180

B)
IF IT HAS BEEN IN DELILAH SOLE NAME
INCOME TAX SAVING OF SAMSON
500*20%+4300*60% 2680
1) MOTOR CARS

6 APR TO 31 DEC

2214

1 JAN TO 5TH APR

1183

3397

2) PROFIT

16380
4550
20930

3) HOME ENTERTAINMENT

1480

W1:

MOTOR CARS
LIST PRICE 67200

67200

APPROPRIATE 34

22848
W2:

PARTNERSHIP PROFITS

85600
DELILAH 34240

W3:PA

8400
4170