Vicky's income for 2020-21 consists of her UK salary of 50,270 and rents from overseas property (net
Question:
Vicky's income for 2020-21 consists of her UK salary of £50,270 and rents from overseas property (net of 30% withholding tax) of £3,500. Vicky is UK resident in 2020-21 and she is not a Scottish taxpayer. Calculate her UK income tax liability for the year.
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Step by Step Answer:
Property income is 5000 3500 x 10070 Therefore total income is 55270 50270 5000 and taxable ...View the full answer
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Nyron Beeput
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