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Ostrovityanka [42]
3 years ago
12

96%

Mathematics
2 answers:
maw [93]3 years ago
4 0

Answer:

  £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.

Scilla [17]3 years ago
4 0

Answer:

£930  

Step-by-step explanation:

         Monthly income = £1375

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

     p = Personal allowance            =    11 850

y - p = Taxable income                   = <u>£ 4 650 </u>

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

The income tax for the year will be £930.

 

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