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Jamie earns £28000 in a year. Jamie pays income tax at a rate of 20% on his annual earnings above £10600. How much income tax does jamie pay in a year.
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Jamie earns £28000 in a year. Jamie pays income tax at a rate of 20% on his annual earnings above £10600. How much income tax does jamie pay in a year.

User Lena Kaplan
by
6.2k points

1 Answer

5 votes

Answer:

£3480

Explanation:

The amount he earns above £10600 is ...

£28000 - 10600 = £17400

20% of that amount is ...

0.20 × £17400 = £3480

Jamie pays £3480 in income tax in a year.

User Gil Grencho
by
5.9k points
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