Question

What is total amount spent on wages and salary before any tax is being taken? [those ernings above £40000 are paying 40% income tax on income tax over £40000 and 20% on anything below £40000

Answer 1

Answer: hello your question is open ended hence I will give you a more general answer

answer : $12,000 * number of workers or $24,000 * number of workers

Step-by-step explanation:

Income taxes are taxes been levied directly on the income earned by the tax payer.

According to Tax rules there is a certain amount of income an individual would have to earned before any tax will be taken, incomes below $12,000 are tax free ( for singles ) and $24,000 for married individuals ; Hence the Total amount spent on wages and salary before tax is being taken = $12,000 * number of workers or $24,000 * number of workers . ( unless otherwise stated )