From BPP study text, this is the quiz for ACCA Chapter 3 "Employment Income".
Employment
Self-employment
Employment
Self-employment
Employment
Self-employment
Employment
Self-employment
31 March
5 April
7 April
30 November 2011
31 December 2011
31 January 2012
15 April 2012
• 30 November 2011
• 31 December 2011
• 31 January 2012
• 15 April 2012
£22,000
£10,000
£Nil
£(2,000)
Nil
£2,109
£3,210
£4,000
He can claim the travelling expenditure for entire 26 months
He can claim the travelling expenditure for the 24 months
He can claim the travelling expenditure for initial 23 months
He can claim the travelling expenditure for 22 months
Contributions to registered occupational pension schemes
Subscription to professional bodies, if relevant to the duties of the employment
Cost of improvement for home when the employee works from home
Payment of certain liabilities relating to the employment
£1,050 will be added in his salary
£1,200 will be deducted from his salary
£300 will be added in his salary
£300 will be deducted from his salary
£700 will be added in the employment income
£700 will be deducted from his employment income
£150 will be added in the employment income
£150 will be deducted from his employment income
He will end up with the same tax payments
He will pay more tax if he opts for Gift Aid Donation
He will pay less tax if he opts for Payroll Deduction Scheme
There is not enough information for determining the impact on his tax liability
He will end up with the same net disposable income
He will have more disposable income if he opts for Gift Aid Donation
He will have more disposable income if he opts for Payroll Deduction Scheme
There is not enough information for determining the impact on his disposable income