Personal Tax

[TMRT84]

Hi there<BR>Would some body be able to explain schedule E for me?<BR>Thanks

[bryan]

Payable by employees on all income and benefits derived from employment. Very few deductions are allowed, they must be wholly, necessarily and exclusively for the purpose of the employment.<BR><BR>There are 3 cases of Sch.E, Case 2 & 3 are outside your syllabus. Case 1 is what you are subject to as an employee.<BR><BR>What else do you want to know?

[TMRT84]

hi<BR><BR>Thanks for that, I work in a payroll department and have been asked to provide all schedule E earnings for one of our employees and wasnt sure exactly what that meant. <BR>so would i basically give all gross employment income? Are benefits in kind included in this?<BR><BR>Thanks again for your help.<BR><BR>Toni