ACCA TX ^UK Syllabus B. Income Tax And Nic Liabilities - The statutory approved mileage allowances - Past Papers ^{5 / 12}

Alfred and Edward King are brothers. They are trying to calculate their balancing payments for the tax year 2013–14, and the following information is available:

Edward King
(7) During the tax year 2013–14, Edward used his private motor car for business purposes. He drove 12,000 miles in the performance of his duties for Stately Ltd, for which the company paid an allowance of 35 pence per mile.

Required:
What is the allowable mileage allowance?

John and Rhonda Beach are a married couple. The following information is available for the tax year 2012–13:

John Beach
(3) During the period 6 April to 31 October 2012, John used his private motor car for both private and business journeys. He was reimbursed by Surf plc at the rate of 60p per mile for the following mileage:

Required:
What is the amount of approved mileage allowance?