Personal tax- Practice Assessment 2 Task 1.3

gg25

Is someone able to assist with the below loan question (in yellow). The answer is £202 and can’t seem to figure it out.

Many thanks in advance!

skandwm15

It's the averaging method:

£5000 + (£5,000 + £8,000) £13,000 = £18,000
It's two loans so £18,000 /2 = £9,000

£9,000 x 2.25% (HMRC Rate) = 202.5
Round down.