Please help to solve part (a) and (b)

Detailed steps for calculations and explanations are required.

Thanks!

You are a tax consultant preparing tax returns and giving advice to your clients. Income tax is payable on Total Income, but at different rates depending on the balance of Earned and Investment Income as follows:- Eamed income: Tax free personal allowance of 11 000 20% tax on rst 15 000 of taxable earned income 35% tax on next 20 000 of taxable earned income 50% tax on any remaining taxable earned income Investment Income: Deduct the remaining free personal allowance if not entirely used for the earned income. 10% tax on the rst 7 500 Any remaining Investment Income is taxed at the same rate as their HIGHEST tax rate payable on theil Earned Income. You have been asked to calculate the tax for the following new clients: Client A: Annual Salary: 30 000 Investment Income: 18 000 Client B: Annual Salary: 55 000 Investment Income: 15 000 Client G: Basic Annual Salary: 10 000 Investment Income: 15 000 Prot to be taken from company: 50 000 The prot for Client C can be paid as additional salary or alternatively declared as a dividend. Any dividend payment will be considered Investment Income. You are to prepare a report giving appropriate information about each client. Your report should include a) the total tax payable, broken down between Earned Income Tax and Investment Income Tax b) the effective tax liability as a percentage of the Total Income. c) an analysis of how much prot for Client C should be declared as salary and how much as dividend to minimise the total tax payable. You must make all your working clear