The UK currently has a progressive income tax system. The rules are as follows: Any earnings under 11,500 GBP are taxed at 0%. Any earnings between 11,500 GBP and 33,500 GBP are taxed at 20%. Any earnings between 33,500 GBP and 150,000 GBP are taxed at 40%. Any earnings above 150,000 GBP are taxed at 50%. A person earns 50,000 GBP gross. How much tax do they pay? Round your answer to the nearest GBP.

Answers

Answer 1

The amount of tax that the executive would pay on his income is; 20000 GBP

How to calculate tax deductions?

Tax is defined as a compulsory payment that is levied on the income or on the sales of specific goods and services. Tax is usually imposed by the government to get a variety of macroeconomic objectives.

Now, income tax is the tax that is levied on the income of an individual. There are different types of taxes, such as progressive tax which levies a higher tax percentage on those that earn higher incomes This means invariably that the tax rate increases as income increases.

We are given;

Gross Amount executive earns = 50,000 GBP.

We are told that any earnings between 33,500 GBP and 150,000 GBP are taxed at 40%.

Thus;

Tax that would be paid = tax rate * gross income

Tax that would be paid = 50000 * 0.4 = 20000 GBP

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Answer 2

Answer: 11,000

Step-by-step explanation:

The person earns 50,000 GBP, so they will stop at the tier 3 level of tax.

The first 11,500 GBP is tax free. They will be taxed 20% on (33,500−11,500)=22,000 GBP, and they will be taxed 40% on (50,000−33,500)=16,500 GBP. Hence the total tax (in GBP) they need to pay is

Total Income Tax=11,500×0%+22,000×20%+16,500×40%=0+22,000×20100+16,500×40100=0+4,400+6,600=11,000


Related Questions

Antoinette solves the linear equation 3 (x minus 3) + 2 x + 9 = 2 x + 2 (x minus 1) using the steps shown below.

Step 1: 3 x minus 3 + 2 x + 9 = 2 x + 2 (x minus 1)
Step 2: 5 x + 6 = 4 x minus 1
Step 3: 5 x minus 4 x = negative 1 minus 6
Step 4: x = negative 7

She checks her solution by substituting –7 for x in the original equation. She determines that her answer is incorrect. Which best describes Antoinette’s error?
She distributed incorrectly.
She incorrectly combined like terms.
She incorrectly applied the addition and subtraction properties of equality.
She incorrectly applied the multiplication and division properties of equality.

Answers

Answer:

She distributed incorrectly.

Step-by-step explanation:

In the first step, [tex]3(x-3)=3x-9[/tex], not [tex]3x-3[/tex].

Oliver saves ​%10 of their weekly earnings for living expenses. oliver usually makes ​$520 each week. This week oliver made ​%10 more. incorrectly oliver claims that has ​$520 left for spending money this week. Calculate the amount of spending money left for this week. What error did olive likely​ make?

Answers

Oliver is left with $514.8

A percentage is a number or ratio expressed as a fraction of one hundred. If we need to calculate a percentage of a number, divide it by the whole and multiply by 100. As a result, the percentage represents one part in a hundred. The term % stands for one hundred percent.

His usual salary = $520 per week

This week he earned = Usual salary + 10% of usual salary

10% of usual salary =520 x (10/100)  

Thus, this week's earnings = $520 + $52 = $572

Amount spent = 10% of this week =572 x (10/100)    

= 57.2

Thus, the left amount is calculated by:

Left amount = this week's salary - the amount spent

Amount left  = $572 - $57.2 = $514.8

Thus, Oliver is left with $514.8

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The third term of the sequence is 165. Find the first term
Term to term rule is subtract 2 and then multiply by 3

Answers

The value of the first term in the sequence is 21.

How to calculate the first term?

Let the second term teen be x.

Since the term to term rule is subtract 2 and then multiply by 3. This will be:

(x - 2) × 3 = 165

3(x - 2) = 165

3x - 6 = 165

Collect like terms

3x = 165 + 6

3x = 171

Divide

x = 171 / 3.

x = 57

Second term = 57

We will do same thing again to get first term. Let first term be a.

(a - 2) × 3 = 57

3a - 6 = 57

Collect like terms

3a = 57 + 6

3a = 63

Divide

a = 63/3

a = 21

The first term is 21.

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In a garden club, 90% is ladies. The number of ladies is 12 more than 3 times the number of gentlemen.
How many ladies and how many gentlemen are in the club?
(Note: set up a rational equation and solve)

Answers

The numbers of ladies and gentlemen in the club are 2 and 18 respectively.

What is the percentage?

The percentage is a ratio that can be expressed as a fraction of 100

Given that, there are 90% of ladies in the club, and the number of ladies is 12 more than 3 times the number of gentlemen.

Let the number of gentlemen is x and the number of ladies be y.

Since the number of ladies is 12 more than 3 times the number of gentlemen, it follows:

Calculation

y  = 12 + 3x     (1)

Now, the total number of members in the club is:

x + y

Since there are 90% ladies in the club, it follows:

90%(x + y) = y

90(x + y)/100 = y

90x + 90y = 100y

90x = 100y - 90y

90x = 10y

9x = y             (2)

Now, substitute y = 9x into equation (1):

9x = 12 + 3x

9x -3x = 12

6x = 12

x = 2

Substitute x = 2 into equation (2):

9(2) = y

18 = y

Hence, the numbers of ladies and gentlemen in the club are 2 and 18 respectively.

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The length of a rectangle is 10, the width 3, and the height x. The surface area and the volume are equal. What is the value of x?

Answers

Answer:

x = 15

Step-by-step explanation:

Please refer photo

HOW TO DETERMINE THE ANSWER?

Answers

Answer:

The degree of the polynomial is 4.  That is the highest exponent.

Step-by-step explanation:

Answer:

4

Step-by-step explanation:

to find degree you look at what the highest exponent when simplified is and that is your answer and inThis case it’s 4

Hopes this helps please mark brainliest

A rectangle is drawn so the width is 4 inches longer than the height. If the rectangle's diagonal
measurement is 28 inches, find the height.

Answers

The height is 17.69 inches.

From the question, we have

Let height= h

width = h+4

diagonal = 28 inches

Using Pythagoras Theorem

28²  = h²  + (h+4)²

784 = h² +h² +16+8h

784  = 2h² +16+8h

2h²+8h-768 = 0

Solving this, we get

h=−2+2*√97

h=17.69 inches

Multiplication:

Finding the product of two or more numbers in mathematics is done by multiplying the numbers. It is one of the fundamental operations in mathematics that we perform on a daily basis. Multiplication tables are the main use that is obvious. In mathematics, the repeated addition of one number in relation to another is represented by the multiplication of two numbers. These figures can be fractions, integers, whole numbers, natural numbers, etc. When m is multiplied by n, either m is added to itself 'n' times or the other way around.

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Can anybody help me with this question?

Answers

Answer:

x=3

Step-by-step explanation:

any horizontal line is equal to x

the y is equal to 0

a horizontal line is undefined

X=3; all horizontal lines are x and the y=0 ALWAYS

A light bulb consumes 2100 watt-hours in 3 days and 12 hours. How many watt-hours does it consume per day?

Answers

Answer:

below

Step-by-step explanation:

12 hours is  .5 day   so a total of 3.5 days

2100 w-h / 3.5 d = 600 w-h per day

The students at Britney's school voted for a new school color. 20% of the students voted for green. If there are 585 students in Britney's school, how many students voted for green?

Answers

117 students
Turn 20% into a decimal (0.2) and multiply it by 585. You multiply because you’re trying to find 20% “of” 585, and when you see “of”, you usually multiply

Answer:

117

Step-by-step explanation:

20% = 1/5

585 x 1/5 = 117!

0/1
3. At the carnival, there is a game with 600 ducks. If 25% of the ducks have stars on the
bottom, how many ducks have stars? Make sure to label your answer in ducks
8

Answers

25% of 600 = 150 ducks

Quiero el resultado de la ecuación 5 x + 2 y = 90​

Answers

Answer:

x=18-2/5y

y=-5/2x+45

Step-by-step explanation:

5x+2y=90

Nosotros queremos resolver para x o y

5x=90-2y

x=18-2/5y

o

2y=90-5x

y=-5/2x+45

Answer:

x=18-2y/5

Step-by-step explanation:

I need help with this please and thank you

Answers

Answer:

length 12width 7

Step-by-step explanation:

Adding 5 m to the width of a rectangle makes it a square with area 144 m². You want the length and width of the original rectangle.

Area

The formula for the area of a square is ...

  A = s²

The side length of the square formed from the rectangle is ...

  144 = s²

  √144 = s = 12 . . . . . meters

Rectangle

The length of the rectangle is unchanged when it is made into the square, so the length is 12 m.

The width of the rectangle had 5 m added to make it 12 m, so the width of the rectangle is 7 m.

__

Additional comment

The given relation between length and width is given as L = 2W -2. It is true that 12 = 2(7) -2, but that is not needed in order to solve this problem. It does serve as a check on our answer.

Which question can be represented by the equation ? × 1/8 = 3

A) how many 3s are in 1/8?

B) what is 3 groups of 1/8?

C) how many 1/8s are in 3?

D) what is 1/8 of 3?

Answers

The question that can be represented by the equation ? × 1/8 = 3 is C. how many 1/8s are in 3?

What is an equation?

An equation is the statement that illustrates that the variables given. In this case, two or more components are taken into consideration to describe the scenario.

In this case, the question is how many 1/8s are in 3. This will be:

= 3 ÷ 1/8

= 3 × 8

= 24

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Housing value are appreciating at a rate of 11.3% a year how much will your 810,000 house be worth in 5 years if this rate of appreciation continues

Answers

[tex]\qquad \textit{Amount for Exponential Growth} \\\\ A=P(1 + r)^t\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{initial amount}\dotfill &810000\\ r=rate\to 11.3\%\to \frac{11.3}{100}\dotfill &0.113\\ t=\textit{years}\dotfill &5\\ \end{cases} \\\\\\ A=810000(1 + 0.113)^{5} \implies A=810000(1.113)^5\implies A \approx 1383441.63[/tex]


Angelo constructed 8 playing card houses in 4 minutes. How long would it take for him to construct 20
houses?

Answers

Answer:

10 minutes.

Step-by-step explanation:

8 houses are done in 4 minutes

The ratio is 2:1

20 houses are done in 10 minutes
20:10 = 2:1

Answer:

It would take Angelo 10 minutes to construct 20 playing card houses.

first way to solve it (recommended):

Step one: See how much it takes to build one house

4 / 8 = 0.5

0.5 minutes to build one house

Step two: multiply by amount of houses (20)

0.5 x 20

Step three: get your answer!

It would take Angelo 10 minutes to make 20 houses.

second way to solve it (ratios):

Step one: see the ratio of minutes to houses

minutes : houses

          4 : 8

Step two: simplify the ratio

4 : 8

1 : 2 (divide both sides by four)

Step three: multiply

x minutes : 20 houses

1 minutes : 2 houses

multiply both sides by 10

10 minutes : 20 houses

Step four: get your answer!

It would take Angelo 10 minutes to make 20 houses.

I hope my answer helped you!

Divide:
3⁄5 ÷ 1⁄5 =
. .

Answers

Answer: 3/1

Step-by-step explanation:3   ÷  1   =1÷3 =3

5       5   = 5÷5=1

therefore, 3 by five divided by 1 by five is equal to 3 by 1 ,

Please help! What is the equation of the line?

y=-3x


y=3x


y=3x+1


y=4x

Answers

Answer: y=3x

Step-by-step explanation:

The equation can be found by finding the slope of the given line. Visually, this can be found by counting the distance between two points. From (1,3) and (2,6), the line "rises" 3 units and "runs" 1 unit to the right. Since slope is calculated as rise over run, this gives us 3/1, or just 3 for slope. In slope-intercept form, this becomes y=3x.

Just to note, we know it is not negative because of the direction of the slope. Visually, if the slope "moves" in the direction of upwards and to the left, it will be positive. This can be calculated more accurately using the slope formula (y2-y1/x2-x1)

1. Find the equation of the line that has a slope of 7 and passes through the point (-8,3).

Answers

The equation of the line has a slope of 7 and passes through the point (-8,3) is y = 7x + 59.

What is a linear function?

A straight line on the coordinate plane is represented by a linear function.

A linear function always has the same and constant slope.

The formula for a linear function is f(x) = ax + b, where a and b are real values

The general form of a linear equation is the slope(m) and y-intercept (c) is given as

y = mx + c

Slope m =7

y = 7x + c

Substitute, (-8,3)

3 = 7(-8) + c

c = 59

Thus, y = 7x + 59 will be the equation.

Hence "The equation of the line has a slope of 7 and passes through the point (-8,3) is y = 7x + 59".

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A light bulb consumes 8400 watt-hours in 3 days and 12 hours. How many watt-hours does it consume per day?

Answers

Answer:

2400Watt Hours isn't it A Right Answer?

Consider a home mortgage of ​$125,000 at a fixed APR of 4.5​% for 15 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount​ paid, what percentage is paid toward the principal and what percentage is paid for interest.

Answers

Monthly payment would be $956.24
Loan APR is 4.892%

What equation is graphed in this figure?

Responses

y−4=−13(x+2)
y minus 4 equals negative fraction 1 over 3 end fraction open parenthesis x plus 2 close parenthesis

y−3=13(x+1)
y minus 3 equals fraction 1 over 3 end fraction open parenthesis x plus 1 close parenthesis

y+2=−3(x−1)
y plus 2 equals negative 3 left parenthesis x minus 1 right parenthesis

y−5=3(x−1)
y minus 5 equals 3 left parenthesis x minus 1 right parenthesis
Number graph ranging from negative four to four on the x and y axes. A line is drawn on the graph that passes through begin ordered pair negative one comma four end ordered pair and begin ordered pair one comma negative two end ordered pair

Answers

The linear equation shown in the graph is the one in the third option.

y + 2 = -3*(x - 1)

What is the equation graphed?

Here we have a graph, and there we can see a linear equation, on that graph, we can see that:

The y-intercept is y = 1.

For each horizontal unit, the line goes 3 units down, then the slope is -3.

Then the linear equation is:

y = -3*x + 1

If now we add 2 in both sides, we get:

y + 2 = -3x +1 + 2

y + 2 = -3x + 3

y + 2 = -3*(x - 1)

So the correct option is the third one.

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A rare coin increases in value according to the function f(x)=100(1.07)x
f(x)=100(1.07)x where x represents the amount of years that the coin is owned and value is measured in US dollars. What is the value of the coin after 5 years?

Answers

The value of the coin after five years is 535 when the value increases with the function f(x) = 100(1.07)x

The value of a rare coin rises in accordance with the function f(x)

f(x) = 100(1.07)x

where x represents the number of years that the coin is owned and value is measured in US dollars

Now, Simplifying the given function, we have :

f(x) = 100(1.07)x

f(x) = 107x

Now, we need to find the value of the coin after five years, then

Putting x = 5 in the function,

f(x) = 107 * 5 = 535

Hence, the value of the coin after five years is 535 when the value increases with the function f(x) = 100(1.07)x

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a park has used 4,500 on this month which is 45.50% of its allotted monthly budget how much is the monthly budget​

Answers

Answer:  9,890.11

=========================================================

Work Shown:

x = monthly budget

45.50% of x = 0.4550x = 4500

0.4550x = 4500

x = 4500/0.4550

x = 9,890.1098901099 approximately

x = 9,890.11

What’s equivalent to 11:1 answer

Answers

Answer:

11

Step-by-step explanation:

11:1 = [tex]\frac{11}{1}[/tex] = 11

Answer: 11, 22:2, 33:3, etc.

Step-by-step explanation:

A ratio is dividing.

11/1 = 11.

This means that numerous ratios can be used, to the point where the answers are infinite.

Is it possible for a number to be a product of 2, a product of 5,
and a product of 10? Explain.

Answers

Yes it is because 10 is a product of 5 and 2 so any product of 10 will also be a product of 5 and 2. Some examples include 10 (5 *2 and 10*1) 20 (5*4 and (2*10) and 30 (5*6 and 2*15 and 3*10)

Yes, it is possible for a number to be a product of 2, 5, and 10.

All multiples of 10 such as 10, 20, 30, 40, 50, 60, ,,,, are a product of 2, 5, and 10.

What is an expression?

An expression is a way of writing a statement with more than two variables or numbers with operations such as addition, subtraction, multiplication, and division.

Example: 2 + 3x + 4y = 7 is an expression.

We have,

A number that is a product of 2, 5, and 10.

Example:

10 = 2 x 5

10 = 5 x 2

10 = 10 x 1

20

20 = 2 x 10

20 = 5 x 4

20 = 10 x 2

100

100 = 2 x 50

100 = 5 x 20

100 = 10 x 10

We see that all multiples of 10 are a product of 2, 5, and 10.

Thus,

All multiples of 10 are a product of 2,5, and 10.

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A trucking company has 5 trucks and 4 drivers available when requests for 3 trucks are received. How many different ways are there of selecting the trucks and the drivers to meet these requests?

Answers

The different ways that are there of selecting the trucks and the drivers to meet these requests is 240 ways.

How to calculate the number of ways?

Combinations are also referred to as selections. Combinations imply the selection of things from a given set of things. In this case, we intend to select the objects.

Combination formula

ⁿCr = n! / ((n – r)! r!)

n = the number of items.

r = how many items are taken at a time.

The number of ways to select 3 trucks will be:

= ⁵C₃ = 10

The number of ways to select 3 drivers will be:

= ⁴C₃ = 4

Number of ways to arrange them = 3! = 3 × 2 = 6

Therefore the total number of ways will be:

= 10 × 4 × 6

= 240 ways

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Identify the domain and range of each graph

Answers

(-3,-2,0,3,2)
Order domain (-3,- 2,0,2,3)
(-2,5,3,-5,-6)
Order range (-6,-5,-2,3,5)

A falcon flies 800,000 meters in 4 hours. Use the formula d = rt, where d represents distance, r represents rate, and t represents time, to answer the following questions. Show your work.


Part A: Rearrange the distance formula, d = rt, to solve for rate.


Part B: Find the falcon's rate in meters per hour.


Part C: Find the falcon's rate in kilometers per hour.


Part D: Which unit, meters, or kilometers, makes more sense to use in this scenario, and why?

PLEASE HELP FAST I RLLY NEED THIS

Answers

The information about the Falcon fly is represented below

Part A: 800 000 = 4r

part B: 200 000 meters per hour

Part C: 200 kilometer per hour

Part D: Kilometers makes more sense because it makes the number easier to write and remember

How to find the falcon's rate in meters per hour

The rate as used refers to speed which is distance / time

using the representation 800 000 = 4r

rate, r = 800 000 / 4

r = 200 000 meters per hour

converting meter to kilometer is achieved by dividing by 1000

r = 200 000 meters per hour / 1000

r = 200 kilometers per hour

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Which set of side lengths will NOT create a triangle? Responses 3, 4, 5 3,, , 4,, , 5, EndFragment, 10, 13, 14 10, 13, 14, EndFragment, 10, 20, 30 10, 20, 30, 16, 20, 30

Answers

The set of side lengths that would not create a triangle is; 10, 20, 30.

Which set of side lengths will not create a triangle?

It follows from the task content that the set of side lengths which will not create a triangle are to be determined from the given task content.

Since the triangle inequality theorem states that; the sum of two side lengths of a triangle is always greater than the third side length and also, the difference of two side lengths of a triangle is less than the third side length.

On this note, for a triangle with side-lengths a, b and c; the inequalities which hold are;

a + b > c and a - b < c.

Therefore, the set of side-lengths which will not create a triangle is; 10, 20, 30.

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