96% 18:09 Sun 14 Jun
Done
L2 maths sample 1 calc 2 (1 of 17)
Income tax
Everyone can earn a certain amount of money without paying tax. This
is called a Personal Allowance. They must pay tax on any earnings
over this allowance.
Income tax Personal Allowance, 2018/2019
£11 850
This formula gives the amount of Income tax a person pays in a year
T = 0.2 (y-p)
where T = income tax for the year
y = money earned per year
p = Personal Allowance
A caterer earns £1375 per month.
How much income tax will she pay for the year?
Show all your working.

  £930  

Step-by-step explanation:

Put the numbers in the formula and do the arithmetic. The annual earnings are expected to be 12 times the monthly earnings.

  T = 0.2(12×£1375 -11850) = 0.2(£16500 -11850) = 0.2(£4650)

  T = £930

The caterer will pay £930 in income tax for the year.

£930  

Step-by-step explanation:

         Monthly income = £1375

     y = Yearly income  = 12 × 1375 = £16 500

     p = Personal allowance            =    11 850

y - p = Taxable income                   = £ 4 650

    T = 0.2(y - p) = 0.2 × £4650       = £    930

The income tax for the year will be £930.

you are uyytr tyy

step-by-step explanation:

ok so the answer to your question is simple as long as you look at the different dimensions that contain the exemplary letters that combined in the right order give you words that eventually within the 5th dimension will conform and give you the correct answer to your question. hope i , stop looking at this easily, look at it with a spectral view.

step-by-step explanation:

told you