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Said uses his own car for business travel. During 2019/20, Said drove 10,000 miles while performing of his duties. Said employer paid him 20p a mile. Which one of the following is allowable deduction from Said's employment income as per the UK tax laws? O a. £4,500 O b. None of the options O c. £2,500 O d. £2,000

Said uses his own car for business travel. During 2019/20, Said drove 10,000 miles while performing of his duties. Said employer paid him 20p a mile. Which one of the following is allowable deduction from Said's employment income as per the UK tax laws? O a. £4,500 O b. None of the options O c. £2,500 O d. £2,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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38-Said uses his own car for business travel. During 2019/20, Said drove 10,000 miles while performing of his duties. Said employer paid him 20p a mile. Which one of the following is allowable deduction from Said's employment income as per the UK tax laws? O a. £4,500 O b. None of the options O c. £2,500 O d. £2,000
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