Tegan is checking her tax bill for the last year.
The tax rates were as follows:
• No tax on...
Mathematics, 01.07.2021 22:40 shawtybrown21
Tegan is checking her tax bill for the last year.
The tax rates were as follows:
• No tax on the first £11 000 of earnings
• Earnings in excess of £11 000 and up to £43 000 taxed at a rate of 20%
• Earnings in excess of £43000 and up to £150 000 taxed at a rate of 40%
• Earnings over £150 000 taxed at a rate of 45%
Last year, Tegan earned £48 300 before tax.
How much tax did she pay in total?
Answers: 2
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