Michael and Josie
Michael Selby (born in 1968) and Josie Selby (born in 1966) received the following income in 2013/14.
| |
Michael |
Josie£ |
| £ |
| Salary (gross) |
163,540 |
100,000 |
| PAYE tax deducted |
59,650 |
33,000 |
| Dividends (amount received) |
10,900 |
2,538 |
| Bank deposit interest (amount received) |
6,000 |
760 |
| Building society interest (amount received) Josie made a gift aid donation of £1,600 in December 2013. |
5,920 |
4,200 |
Required
Compute the tax payable or repayable by Michael Selby and by Josie Selby for 2013/14.