Kamran has total income of 118,000 in the tax year 2019/20. Calculate Kamran's personal allowance for...

 

  

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Kamran has total income of £118,000 in the tax year 2019/20. Calculate Kamran's personal allowance for the tax year 2019/20. Flora has taxable income of £38,500 in 2019/20. What savings income nil band is she entitled to? A. £12,500 B. £1,000 C. £500 D. Nil Kamran has total income of £118,000 in the tax year 2019/20. Calculate Kamran's personal allowance for the tax year 2019/20. Flora has taxable income of £38,500 in 2019/20. What savings income nil band is she entitled to? A. £12,500 B. £1,000 C. £500 D. Nil

Answer rating: 100% (QA)

Personal Allowance is 3500 personal Allowance 12500 Less 118000 1000002 9000 Revised Personal Al... View the full answer