Geoffrey's income for 2017-18 consists of a salary of 114,600 and dividends received of 4,400. He makes
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Geoffrey's income for 2017-18 consists of a salary of £114,600 and dividends received of £4,400. He makes qualifying Gift Aid donations of £7,200 during the year . He is not a Scottish taxpayer.
Calculate Geoffrey's 2017 -18 income tax liability. How would the liability differ for a Scottish taxpayer?
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Firstly we need to understand the concept of income tax rates in the UK and how Gift Aid donations a...View the full answer
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