On April 2, 2021, Patrick inherited 20,000 shares valued at STG 400,000 from his father who had recently passed away. He earns STG200,000 per year and made pension contributions of STG 20,000 in each of the last 2 tax years. The expected annual dividends from the shares will be STG 20,000 per year. Peter is considering selling some of the shares to make the following investments: a) Contribution to his pension fund of STG 50,000 b) Investment into an individual savings account by transferring STG 20,000 the shares into ISA. This is the maximum permitted investment. The ISA will earn STG 1,000 of dividend income in the current tax year c) Investment of $50,000 in bonds that will earn STG 1,500 in the coming tax year. d) He will invest STG 200,000 in a free hold income producing property that will earn STG 15,000 during the next income year. e) He will retain STG 80,000 that will earn STG 4,000 in dividend income in the following tax year. f) When Peter disposes of the shares make his investments, they are now valued at STG 450,000. Additionally, Peter has capital gains of STG 35,000 in the current tax year and has not used his capital gain allowance for the last two (2) tax years. He has no losses brought forward. 1. Compute his taxable income and tax payable for the current tax year