Foundation November 2020 Paper 1 Q9
9 Harry will pay income tax if he earns more than £12 500 in a year.
After 8 months he has earned a total of £7600
For the rest of the year he earns £1200 each month.
Will he pay income tax?
You must show your working. [3 marks]
| Answer | Mark | Comments |
|---|---|---|
| Alternative method 1 | ||
| \((12 - 8) \times 1200\) or \(4 \times 1200\) or 4800 | M1 | oe |
| \(12\,500 - 7600\) or 4900 | M1 | oe |
| 4800 and 4900 and No | A1 | |
| Alternative method 2 | ||
| \((12 - 8) \times 1200\) or \(4 \times 1200\) or 4800 | M1 | oe |
| \(12\,500 -\) their 4800 or 7700 | M1dep | oe |
| 7700 and No | A1 | |
| Alternative method 3 | ||
| \((12 - 8) \times 1200\) or \(4 \times 1200\) or 4800 | M1 | oe |
| \(7600 +\) their 4800 or 12 400 | M1dep | oe |
| 12 400 and No | A1 | |
| Alternative method 4 | ||
| \(12\,500 - 7600\) or 4900 | M1 | oe |
| their \(4900 \div (12 - 8)\) or 1225 | M1dep | oe |
| 1225 and No | A1 | |
| Alternative method 5 | ||
| \(12\,500 - 7600\) or 4900 | M1 | oe |
| their \(4900 \div 1200\) or 4.1 (or better) | M1dep | oe accept any indication of “more than 4” for 4.1 |
| 4.1 (or better) and \((12 - 8 =)\) 4 and No | A1 | their 4 must be months remaining and not 4.1 rounded |
Additional guidance
| \(4 \times 1200 = 4800\), \(7600 + 4800 = 12\,600\) and Yes Alt3 | M1M1depA0 |
| \(12 - 8 = 3\), \(3 \times 1200 = 3600\), \(3600 + 7600 = 11\,200\) and No Alt3 | M1M1depA0 |
| \(3 \times 1200 = 3600\), \(12\,500 - 3600 = 8900\) and No | M0M0depA0 |
| \(12\,500 - 7600 = 4900\), \(4900 \div 1200 = 4.1 = 4\) and No (4 comes from rounding, not the number of months remaining) | M1M1A0 |
| Further calculations that say how much more he’d need to earn (annually or monthly) must be correct (if given) to score the A1 |