Mr.Vincent, a self-employed carpenter, received the following income in 2016/2017:

Building society interest 3,600

Dividends from a UK company 2,700

Trading Income 60,000

He paid allowable interest of 2,000 on 15August 2016/2017. The following tax rates are applicable during the fiscal year.

	BAND	CATEGORY	TAX RATE
OTHER INCOME	Basic rate	0 - 37,400	20%
	Higher rate	37401-150,000	40%
SAVING INCOME	Starting rate	0 - 2,440	10%
	Basic rate	2441-37400	20%
	Higher rate	37401-150,000	40%
DIVIDEND INCOME	Starting rate and Basic rate	0 - 37,400	10%
	Higher rate	37401-150,000	32.5%

Required: Calculate Mr.Vincent, income tax liability for 2016/2017.