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Stevens, who runs a trade as a sole trader had taxable income after personal allowance of 38,500 in the tax year 2020/21, inclusive of trading
Stevens, who runs a trade as a sole trader had taxable income after personal allowance of 38,500 in the tax year 2020/21, inclusive of trading income of 32,000 and dividend of 8,500.
How much income tax will Steven pay on his dividend income in the tax year 2020/21?
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