# Help with personal Tax FA2013 (PTAX) personal allowance task 5

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Registered Posts: 17 Regular contributor ⭐
Hi Everyone

I am currently revising for the PTAX 2013 standards (FA2013) and was wondering if someone could help me with the workings for the personal allowance in task 5?

The salary is £106329
Employees pension cont £6380
Employers Pension cont £0
Benefit in kind cars £3350
Benifit in kind fuel £4150
Interest from building society £1350

Income from ISA 290
Professional subscription £290

Now the personal allowance is £5166 but i am unsure how to calculate this?

Rose x

• Registered Posts: 136 Beyond epic contributor 🧙‍♂️
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Hi, I've just done ptax level 4, which task 5 is it as it doesn't match the ones in my workbook or tutorial? I am on 2013 syllabus xx
• Registered Posts: 17 Regular contributor ⭐
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Thanks you Lucy

It is task 1.5 from the new sample assessment under the 2013 standards for PTAX. There is only one assessment

Thank you so much x

• Registered Posts: 645
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Rosie,

The deduction from normal personal allowance is calculated as 50% of the assessable income over the threshold of £100,000.

Your data below is all correctly calculated, you can ignore the employer's pension contributions and the income from the ISA, as neither affect the return. I have added brackets to show the deductions.

The salary is £106329
Employees pension cont £(6380)
Employers Pension cont £0
Benefit in kind cars £3350
Benifit in kind fuel £4190 <--you had a typo here
Interest from building society £1350
Professional subscription £(290)

That lot added together = 108,549.
Less the 100,000 threshold = 8,549 difference
50% of the difference = 4,274.50
Normal personal allowance (be careful, sometimes in these they use an old person with a higher allowance so check you start from the right figure) less adjustment = 9,440 - 4,274.50 = 5,165.50 (they've rounded it up).

Hope that makes sense.

• Registered Posts: 136 Beyond epic contributor 🧙‍♂️
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Hi, the typo was what I couldn't figure out without seeing the data! Hope that's helped xx

• Registered Posts: 17 Regular contributor ⭐
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Thank you so much both xx
• Registered Posts: 1
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This is great, I was stuck on this question, I think I should have used these forums sooner!