150 marks Section A
Concepts and Skills
Answer all six questions from this section.
Question 1
(25 marks)
Eimear earns a gross wage of €40 000 per annum with Company A.
(a) Eimear pays income tax at a rate of 20% on income up to the standard rate cut-off point of
€35 300. She pays tax at a rate of 40% on the remainder.
She has annual tax credits of €1650.
Find how much income tax she pays per annum.