Sandeep and Harriet are a married couple. They received the following income in 2019/20: Sandeep: Salary (before
Question:
Sandeep and Harriet are a married couple. They received the following income in 2019/20:
Sandeep:
Salary (before deduction of tax) £73,090
PAYE tax deducted 16,736
Dividends 3,211
Bank deposit interest 1,000
Building society interest 990
Harriet:
Salary (before deduction of tax) £24,500
PAYE tax deducted 2,400
Dividends 4,820
Bank deposit interest 1,095
Building society interest 525
Required:
Calculate the tax payable by Sandeep and Harriet for 2019/20. ( Please explain )