2.5 Ivan's income for the tax year 2009-10 is as follows:

£

Part-time salary 7,840 Building society interest (net) 9,360 Premium bond prize 50 NSB investment account interest, received gross 60 Compute the income tax payable by Ivan for the year (before deducting any tax paid under the PAYE system) assuming a personal allowance of £6,475.