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Please answer The following are examples of tax allowances for a particular year: Personal allowance $2500 Souuse allowance $1800 Child allowance $700 each Life insurance

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The following are examples of tax allowances for a particular year: Personal allowance $2500 Souuse allowance $1800 Child allowance $700 each Life insurance premiums: an allowance of 40% of the annual rate of payment Calculate the chargeable(taxable) income on an annual salary of $36000 for a man, his wife and two children, with a monthly insurance premium of $200 and no other claims

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