Solution-Compute the tax payable or re-payable

Compute the tax payable or re-payable

Assignment Help Cost Accounting

Reference no: EM13558826

Michael and Josie

Michael Selby (born in 1968) and Josie Selby (born in 1966) received the following income in 2013/14.

	Michael	Josie£
	£	Josie£
Salary (gross)	163,540	100,000
PAYE tax deducted	59,650	33,000
Dividends (amount received)	10,900	2,538
Bank deposit interest (amount received)	6,000	760
Building society interest (amount received) Josie made a gift aid donation of £1,600 in December 2013.	5,920	4,200

Required

Compute the tax payable or repayable by Michael Selby and by Josie Selby for 2013/14.

Reference no: EM13558826

Questions Cloud

What magnetic field should be used to send beryllium : When beryllium-7 ions (m = 11.65 x 10-27 kg)pass through a mass spectrometer, a uniform magnetic field of 0.322T curves their path directly to the center of the detector, as inthe drawing. For the same accelerating potential difference, whatmagnet..

Evaluate the magnetic flux that passes through the floor : A house has a floor area of 113m2 and an outside wall that has an area of 33 m2. Calculate the magnetic flux that passes through the floor

Calculate the amount of vat : Calculate the amount of VAT which Justin must pay to HM Revenue and Customs for the quarter - All amounts exclude any VAT unless otherwise stated

What is the radius of the chamber : At an amusement park there is a ride in which cylindrically shapedchambers spin around a central axis. People sit in seats facing the axis, their backs against the outer wall. At one instant the outerwall moves at a speed of 3.5 m/s, and an83 kg pers..

Compute the tax payable or re-payable : Compute the tax payable or re-payable by Michael Selby and by Josie Selby for 2013/14

Magnitude of the centripetal acceleration of the car : A car travels at a constant speed around a circular track whoseradius is 2.5 km. The car goes once aroundthe track in 290 s. What is the magnitude of the centripetal acceleration of the car?

Determine when the bonus awarded to danni is received : Explain the rules which apply to a director for deciding when general earnings consisting of money are received for the purposes of employment income.

Calculate the radius of its path in the magnetic field : Anelectron is accelerated from rest by a potential difference of350 V. It then enters a uniformmagnetic field of magnitude 200 mTwith its velocity perpendicular to the field. Calculate the radius of its path in the magnetic field

Two car traveling in the same direction problem : Two cars, A and B, are traveling in the same direction, although car A is 158 m behind car B. The speed of A is 26.8 m/s, and the speed of B is 18.6m/s. How much time does it take for A to catch B?

User Account

All Pages

Compute the tax payable or re-payable

Reference no: EM13558826

Reference no: EM13558826

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT