1.【Answer】D。
Note that the value of the asset when first provided to any employee is used rather than the value when first provided to John.
The answer £2,880 assumes the first year of provision was taxed in full. The answer £1,720 uses the lower value for the gift rather than the higher value. The answer £1,833 uses the value of £2,000 when the asset was provided to John.
2.【Answer】B。
£59,000
The answer £59,500 does not adjust the higher rate limit. The answer £61,500 does not adjust either the basic rate limit or the higher rate limit. The answer £53,500 deducts the personal allowance.
