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Michael and Josie

Michael Selby (born in 1968) and Josie Selby (born in 1966) received the following income in 2013/14.

  Michael Josie£
£
Salary (gross) 163,540 100,000
PAYE tax deducted 59,650 33,000
Dividends (amount received) 10,900 2,538
Bank deposit interest (amount received) 6,000 760
Building society interest (amount received) Josie made a gift aid donation of £1,600 in December 2013. 5,920 4,200

Required

Compute the tax payable or repayable by Michael Selby and by Josie Selby for 2013/14.

Cost Accounting, Accounting

  • Category:- Cost Accounting
  • Reference No.:- M91095937
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