The first pound90 per week of his pay is free of income tax


R. Kennedy is a security van driver. He has a wage of £200 per week, plus danger money of £2 per hour extra spent in transporting gold bullion.

During the week ended 15 June 2016 he spends 20 hours taking gold bullion to London Airport. The first £90 per week of his pay is free of income tax, whilst on the next £50 he pays at the 20 per cent rate, and at the 25 per cent rate above that figure. He pays National Insurance for the week of £19. Calculate his net pay for the week.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: The first pound90 per week of his pay is free of income tax
Reference No:- TGS02182267

Expected delivery within 24 Hours