April 2013 to April 2014
taxable income = gross income - personal allowance
.
personal...
Mathematics, 26.02.2021 14:00 alexislacour73
April 2013 to April 2014
taxable income = gross income - personal allowance
.
personal allowance is £9205
basic rate of tax: 20% on the first 232 255 of taxable income
higher rate tax 40% is payable on all taxable income over £32255
.
During the tax year 2013 to 2014. Claudia's gross income was £52250
Calculate the total amount of tax that Claudia should pay
You must show al your working
Answers: 3
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