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alott1121
alott1121
18.05.2021 • 
Mathematics

Emma has a gross annual income of €45 000. Emma pays income tax on her taxable income at a rate of 20% on the first €35 300, and 40% on the balance. She has annual tax credits of €1650.

(a) Work out Emma’s net income, after income tax has been deducted.

(b) Naya’s net annual income, after income tax has been deducted, is €36 560.

Naya pays income tax at the same rates and has the same annual tax credits as Emma. Work out Naya’s gross annual income.

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