Monday, February 2, 2009

Income Tax Questions

You should not have any problems with these questions.
Find a layout you like and stick to it.
E.g.


         Amount above cut-off @ higher rate % = part 1 of tax
Total income <
        Amount up to cut-off @ lower rate % = part 2 of tax
                          Add to give Gross Tax
                         Subtract Tax credits (minus)
                         Results in Net Tax

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