Persoanl Allowance calcuation.

Ying uk
Ying uk Registered Posts: 3 New contributor 🐸
in AAT Level 4 (Level 8 in Scotland)
If somebody who is entitled personal allowance is £10660 and his annual salary is £50,000. What is his PA for 2014/15?

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  • CeeJaySix
    CeeJaySix Registered Posts: 630
    Is £10,660 too obvious?

    Do they have any income other than their salary?
  • KernowAccountant
    KernowAccountant Registered Posts: 103 Epic contributor 🐘
    Ying uk said:

    If somebody who is entitled personal allowance is £10660 and his annual salary is £50,000. What is his PA for 2014/15?

    CeeJaySix said:

    Is £10,660 too obvious?

    Yes. The answer is £10,000 (assuming no gift aid payments, pension contributions etc.).
  • Ying uk
    Ying uk Registered Posts: 3 New contributor 🐸
    no he has no gift aid payment or pension contributions.

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