Solved: Compute the tax payable or re-payable by michael selby and, Cost Accounting

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Compute the tax payable or re-payable by michael selby and

Michael and Josie

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

	Michael	Josie£
	£	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.

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Cost Accounting: Compute the tax payable or re-payable by michael selby and

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Cost Accounting: Compute the tax payable or re-payable by michael selby and

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