Following are the income details of Mr. Albert is in UK for the tax year 2019-2020 Other income Savings income Total income Net Income 16,300 1100 17400 ANSWER QUESTION NO 19 AND 20 Question 19 The tax liability of Mr. Albert on other income will be: a. £3800 b. £1040 c. £3260 d. £760 Clear my choice Question 20 The tax liability of Mr. Albert on Savings income will be: a. £20 b. £0 c. £220 d. £5000

Following are the income details of Mr. Albert is in UK for the tax year 2019-2020 Other income Savings income Total income Net Income 16,300 1100 17400 ANSWER QUESTION NO 19 AND 20 Question 19 The tax liability of Mr. Albert on other income will be: a. £3800 b. £1040 c. £3260 d. £760 Clear my choice Question 20 The tax liability of Mr. Albert on Savings income will be: a. £20 b. £0 c. £220 d. £5000

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter12: Alternative Minimum Tax

Section: Chapter Questions

Problem 30P

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Question 19

The tax liability of Mr. Albert on other income will be:

£3800

£1040

£3260

£760

Clear my choice

Question 20

The tax liability of Mr. Albert on Savings income will be:

£20

£0

£220

£5000

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