Numeracy Intermediate November 2020 Unit 2 Q6
6. Last year, Simone’s total income before tax was €30 000.
The tax bands, taxable income and tax rates last year were as follows:
| Band | Taxable income | Tax rate |
|---|---|---|
| Personal Allowance | Up to €4000 | 0% |
| Basic rate | €4000 to €10 000 | 15% |
| Higher rate | over €10 000 | 22% |
(a) Show that Simone should have paid €900 tax at the basic rate.
You must show all your working. [2]
You must show all your working. [2]
(b) Calculate Simone’s total tax bill last year.
You must show all your working. [4]
You must show all your working. [4]
| Scheme | Marks | Comments |
|---|---|---|
| Appropriate sight of (€) 6000 | B1 | Ignore £ for € |
| (Tax at 15%) 0.15× 6000 (= €900) | B1 | If (a) is not attempted, accept calculations seen in (b) |
| Scheme | Marks | Comments |
|---|---|---|
| (Tax at 22%) 0.22 × 20000 or 0.22 × (30000 – 10000) or equivalent | M2 | Ignore £ for € M1 for 30000 – 10000 (= €20000) |
| (€) 4400 | A1 | CAO, not FT |
| Total tax due (€) 5300 | A1 | ISW FT 900 + ‘their 4400’ provided M2 previously awarded |