Megan is checking her tax bill for the last year.
The tax rates were as follows:
• No ta...
Mathematics, 20.04.2020 16:59 miguearrobita
Megan is checking her tax bill for the last year.
The tax rates were as follows:
• No tax on the first £11 000 of earnings
• Earnings in excess of £11 000 and up to £43 000 taxed at a rate of 20%
• Earnings in excess of £43 000 and up to £150 000 taxed at a rate of 40%
• Earnings over £150 000 taxed at a rate of 45%
Last year, Megan earned £158 900 before tax.
How much tax did she pay in total?
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