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John lives in England and has the following income and outgoing for the year ended 05th April 2023: Business trading profit Part time Salary
John lives in England and has the following income and outgoing for the year ended 05th April 2023: Business trading profit Part time Salary Bank (net)interest PAYE (deducted at source) 12,000 John donated to his national charity (net) 200 every month for the year ended 05 April 2023 Required Calculate John's income tax for 2021/22 50,000 70,000 1000
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To calculate Johns income tax for the 20212022 tax year we would follow these steps 1 Sum up all income sources to get total income 2 Deduct any allowable expenses or allowances like personal allowanc...
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
