Ivan has the following income tax for tax year 2 0 2 3 / 2 4
Question:
Ivan has the following income tax for tax year not Scottish tax payer
Prime salary
Net interest onn giltedged securities
Premium bond prize
Dividends
His personal allowance for is Compute the income tax payable by Ivan for the year. How would this differ for a Scottish tax payer?
Marys income for tax year consists of business profits of dividends received and rents received of She is not a Scottish tax payer and her personal allowance fr the year is NIL Calculate marys income tax liability for assuming that the rents received are not within the rentaroom scheme.
Bill was born in He is married to Hazel who was bron in In Bill had business profits of and received dividends of Hazel received a salary of and bank ineterst of
Calculate their income tax liabilities for the year.
Pauline born in August married Adrian born in March on th October Their income for is as follows:
Pauline:
Share of partnership profit
Building society interest
Adrian:
Income from property
Dividends received
During Pauline paid interest of on a loan which she used to buy a share in the business partnership of which she is now a member. Adrian paid maintenance of to his former wife, as required by a court order. She was born in and has not remarried. He also made Gift Aid donations of
Show Paulines and Adrians income tax computations for
Geoffreys income for comprises a salary of and dividends received of He makes qualifying Gift Aid donations of during the year. Calculate his income tax liability.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill