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Mr Simangolwa was in full time employment whilst undertaking a number of investment initiatives. The following were his financial transactions under the year March 2020.

Mr Simangolwa was in full time employment whilst undertaking a number of investment initiatives.

The following were his financial transactions under the year March 2020.

1.            Employment Income

Salary 480,000

NAPSA 3,200

Leave Pay 40,000

PAYE 48,000

2.            Business Income

Business Profit K160,000

The Business profit was after the following adjustments but before Capital Allowances of K222,000

Depreciation K280,000

Fine for Driving carelessly K14,000

3.            Mr Simangolwa also owns investments whose incomes he received net were:

Rent K96,000

Royalties K52,000

4.            Note that Mr Simangolwa made the following payaments during the year

Donation to Cheshire Homes (An Approved Charity) for K4,000

Payments for Mortgage Interest K2,500


Required:

Compute the total Income Tax payable by Mr Simangolwa

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