2.4 Ernest has a retirement pension in 2009-10 of 5,865. He also receives net bank interest of...

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2.4 Ernest has a retirement pension in 2009-10 of £5,865. He also receives net bank interest of £416. Compute the income tax payable by Ernest for the year, assuming a personal allowance of £6,475.

What difference would it make if Ernest had received UK dividends of £468 instead of the bank interest?

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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Question Posted: Jul 15, 2024 01:08 AM

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2.4 Ernest has a retirement pension in 2009-10 of 5,865. He also receives net bank interest of...

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Taxation

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