In 2020-21, Sue (who is not a Scottish taxpayer) has business profits of 48,650 and bank interest
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In 2020-21, Sue (who is not a Scottish taxpayer) has business profits of £48,650 and bank interest of £2,000. Her personal allowance for the year is £12,500 and she makes no Gift Aid donations or pension contributions. Calculate her income tax liability for the year if the personal allowance is set against non-savings income. Show how the income tax liability changes if only £11,150 of the personal allowance is set against non-savings income and the remaining £1,350 is set against savings income.
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