Answered step by step
Verified Expert Solution
Question
1 Approved Answer
(b) Kate has the following income and outgoings for 2018/19: Trading profit Employment Income Bank Deposit Interest (amount received) Dividend income (amount received) 38,000 8,000
(b) Kate has the following income and outgoings for 2018/19: Trading profit Employment Income Bank Deposit Interest (amount received) Dividend income (amount received) 38,000 8,000 3,500 7,000 PAYE of 505 was deducted from the Employment Income. Calculate the amount of income tax payable by Kate for 2018/19
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started