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Question 1 Hari S. runs a successful consulting business. His taxable trading income for the year is 193,900. In addition, he received the following: 1.
Question 1 Hari S. runs a successful consulting business. His taxable trading income for the year is 193,900. In addition, he received the following:
1. During 2020/21, Hari's accounts were credited with this interest:
Building society accounts 17,250
NS&I Easy access savings account 9,800
ISA accounts 4,150
2. Hari received UK dividends of 40,200 from his investment portfolio.
3. Hari made monthly donations of 200 under the Gift Aid scheme.
Requirement Calculate Hari,s income tax payable for the year .
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