Ut John pays 25% tax on all his earnings over £20000.

Mathematics

1 answer:

sergejj [24]2 years ago

4 0

Answer: He pays £4500 as tax.

Step-by-step explanation:

Given: John's earnings before tax = £38000 > £20000

Money over £20000 = £38000 - £20000 = £18000

Tax amount = 25% of money over £20000

⇒Tax amount= 0.25 x (18000 ) [25% = 0.25]

⇒Tax amount= £ 4500

Hence, he pays £4500 as tax.

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