David and Helen - Case Study - Accounting and Finance Assignment Help

Assignment Task:

Task:

1. David has asked for 1 week of his annual leave to be cashed up. His current weekly profile is 45 hours per week. He has 225 hours of annual leave outstanding and has 90 hours accrued. His current employer allows employees to cash up their leave if requested by writing

1. Explain if David can cash up in one week?
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2. How many hours would it this equate to?
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3. Just using his accrued leave to help you calculate how far past entitlement date in month is David?
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4. How would you tax the annual leave cash up if he is entitled to the cash up?
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2. Helen is retired from her full-time position (40 hours per week) bus driving position after 42 years of service to Amalgamated bus service Ltd. She has worked full time for the last 15 years.
Helen normally gets paid on the 31 st of each month for the previous month. Her last entitlement date was 31 st May 2017. Her last day of work is the 31 st January 2018.

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