The taxable pay is taxed at the rate of 20 per cent on the


P. Urmston is paid monthly. For June 2016 he earns £1,500 and also receives statutory sick pay of £150. He pays £90 superannuation which is allowed as a relief against income tax and he has further reliefs (free pay) of £350.

The taxable pay is taxed at the rate of 20 per cent on the first £250 and 25 per cent thereafter. He pays National Insurance of £130 for the month. Calculate his net pay for the month.

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Financial Accounting: The taxable pay is taxed at the rate of 20 per cent on the
Reference No:- TGS02182272

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