A R Kennedy is a security van driver. He has a wage of 200 per week, plus

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A R Kennedy is a security van driver. He has a wage of £200 per week, plus danger money of £2 per hour extra spent in transporting gold bullion. During the week ended 15 June 19X6 he spends 20 hours taking gold bullion to London Airport. The first £90 per week of his pay is free of income tax, whilst on the next £50 he pays at the 20% rate, and at the 25% rate above that figure. He pays national insurance for the week of £19. Calculate his net pay for the week.

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ISE Business Accounting Volume 1

ISBN: 9780273638391

8th Edition

Authors: Frank Wood, Alan Sangster

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