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A taxpayer had taxable gains of 15,000 from disposal of other assets and had taxable income of 40,000. What is the total net tax liability
A taxpayer had taxable gains of 15,000 from disposal of other assets and had taxable income of 40,000. What is the total net tax liability amount for the tax year 2019/20 as per UK Tax Rules?
a.
14,000
b.
13,000
c.
7,500
d.
11,500
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