Geoffrey's income for 2020-21 comprises a salary of 114,600 and dividends received of 4,400. He makes qualifying
Question:
Geoffrey's income for 2020-21 comprises a salary of £114,600 and dividends received of £4,400. He makes qualifying Gift Aid donations of £7,200 during the year. Calculate his 2020-21 income tax liability.
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Step by Step Answer:
To find out Geoffreys income tax liability for the 202021 year we need to first understand how UK income tax works The steps to calculate it are 1 Com...View the full answer
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