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Perry works for Mahr Ltd. He also owns and runs a small trading business as a sole trader. Following information relates to the tax year

Perry works for Mahr Ltd. He also owns and runs a small trading business as a sole trader. Following information relates to the tax year 2019/20:

£

Employment income (before deduction of PAYE tax) 75,000

Trading income (taxable) 33,500

Dividends 6,250

Building society interest 2,200

Qualifying interest paid 1,000

Contribution to personal pension plan (net) 6,500

Mahr Ltd. has deducted £28,000 PAYE tax from payments made to Perry. Perry has donated £3,600 in gift aid to an approved local charity during the tax year 2019/20.

Required:

Calculate the taxable income and tax payable by Perry for the tax year 2019/20.

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