Henry is single and claims only the basic personal allowance. He makes a deductible payment of 100

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Henry is single and claims only the basic personal allowance. He makes a deductible payment of £100 per annum and pays an allowable subscription of £85 per annum. His taxable benefits in kind for 2023-24 are expected to be £500.

Determine his tax code for 2023-24, assuming that his income for the year is not expected to exceed £100,000.

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Taxation Finance Act 2023

ISBN: 9781292461083

29th Edition

Authors: Alan Melville

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Question Posted: May 02, 2024 02:00 AM

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Henry is single and claims only the basic personal allowance. He makes a deductible payment of 100

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By virtue of his personal allowance deductible payment and allowabl...View the full answer

Taxation Finance Act 2023

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