Ben (who is not a Scottish taxpayer) has business profits of 110,520 in 2023-24. He has no
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Ben (who is not a Scottish taxpayer) has business profits of £110,520 in 2023-24. He has no other income and makes no Gift Aid donations or pension contributions. Calculate the amount of his 2023-24 personal allowance and show that a £100 increase in his business profits would result in a £60 increase in his income tax liability for the year.
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