contestada

Tax rates are: no tax on the first £11000 of earnings earnings in excess of £11000 and up to £43000 taxed at a rate of 20% earnings in excess of £43000 and up to £150000 taxed at a rate of 40% Carys earned £45600 before tax how much tax did she pay in total?

Respuesta :

Answer:

She paid tax of £18240

Step-by-step explanation:

We are told that Carys earned £45600 before tax.

Now, from the question, the tax rate that applies is 40%. This is because she earned £45600 and we are told that earnings in excess of £43000 and up to £150000 taxed at a rate of 40%.

Thus;

Tax payable = 40% × 45600

Tax payable = £18240

Otras preguntas