In 2023-24, Philippa has business profits of 10,000. She also receives bank interest of 3,450 and net
Question:
In 2023-24, Philippa has business profits of £10,000. She also receives bank interest of £3,450 and net loan interest of
£36,680. Her personal allowance is £12,570 and she makes no Gift Aid donations or pension contributions during 2023-24.
Calculate the income tax payable by Philippa for the year. Does it matter whether or not she is a Scottish taxpayer?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: