19. (a) The standard rate of income tax is 20% and the higher rate is 41).
Shona has tax credi...
Mathematics, 13.02.2020 20:22, Adolfosbaby
19. (a) The standard rate of income tax is 20% and the higher rate is 41).
Shona has tax credits of €2,300 for the year and a standard rate cut-off point of€32,800.
She has a gross income of €46,000 for the year.
Calculate the total tax payable by Shona for the year.
(b) Tony pays tax at the same rates as Shona. He has tax credits of €2,900 for the year and has the
same standard rate cut-off point as Shona. His total tax payable amounts to €13.680 for the ved
Calculate Tony's gross income for the year.
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