ppt

Mr. Paul is a UK citizen. During the tax year 2019-20 he earned 75,000 trading profit, payment of interest qualifies for deduction is 5,000 and he makes a gift aid donation of 2,600. What is the amount of total taxable income of Mr. Paul for the tax year 2019-20?

a.

57,500

b.

66,750

c.

54,250

d.

54,900

Clear my choice