Task 4 on Investment Income Additional Tax Payable

dalmatian
dalmatian Registered Posts: 37 New contributor 🐸
i am stuck - help please:
Q: 2 taxpayers receive income from investments. The table below shows the income received from the investment and the tatxpayers other taxable income. Complete the table to show the taxable income from investments and any additional tax that is payable on the investment income.
Taxpayer Source of inv income Inv income received Other taxable income Taxable Inv Income Addit. Tax payable
Joey Buildng society 1840 30000 2300 ????
Jules Dividend 864 74500 960 ????
How do you calculate the additional tax payable.
Many thanks!

Comments

Privacy Policy