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Personal tax computation/national insurance Prakash is a 62-year-old wealth manager. His taxable self-employed profits were 132,000 in the year ended 5 April 2021. His other
- Personal tax computation/national insurance
- Prakash is a 62-year-old wealth manager. His taxable self-employed profits were 132,000 in the year ended 5 April 2021. His other income for the year consisted of: dividends received 6,000, gross interest received from a bank 2,000. He made net payments of 20,000 to his registered pension provider.
Calculate the income tax and national insurance payable by Prakash for the year ended 5 April 2021.
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