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income tax activities
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Try and work out how much tax should be paid in the following example:
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You are earning £24,300 each year: |
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Have a look at the Inland Revenue website (www.hmrc.gov.uk) and download a Tax Return form, together with the guidance notes. Try filling in the form and working out how much tax you should be paying.
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If you are working have a look at your wage slip. |
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How much tax is being deducted? |
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Do you think this is the correct amount? |
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