TAX RATES AND ALLOWANCES The tax rates and allowances applicable for the current tax year 2021-2022 are given to reduce a). For the tax year (2021/22) lan Mark has employment income of 51,000 and property income of 4,500. Calculate the Income Tax Liability of lan Mark. Show all calculations in detail for full credit. (3 Marks) b). For the tax year (2021/22) Lilly Brown earns a salary of 87,500 and receives building society interest of 25,000. Calculate the Income Tax Liability of Lilly Brown. Show all calculations in detail for full credit. (5 Marks) TAX RATES AND ALLOWANCES The tax rates and allowances applicable for the current tax year 2021-2022 are given to reduce a). For the tax year (2021/22) lan Mark has employment income of 51,000 and property income of 4,500. Calculate the Income Tax Liability of lan Mark. Show all calculations in detail for full credit. (3 Marks) b). For the tax year (2021/22) Lilly Brown earns a salary of 87,500 and receives building society interest of 25,000. Calculate the Income Tax Liability of Lilly Brown. Show all calculations in detail for full credit