In: Accounting
Zachary is contemplating employing his cousin Sasha as a receptionist at Limelight Ltd. She will receive an annual salary of £17,900 and will be provided with a mileage allowance of 26p per mile for using her own bike to commute to work.
Requirement
Explain the tax consequences of the two issues described by Zachary. (UK Taxation)
I have explained everything step by step in the handwritten notes.
Go through it once and everything will be cleared.
Hope you understand the concept
Please give positive feedback by giving thumsup
Thankyou