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Section B (2 Mark)A taxpayer has taxable income for 2011-12 (after deducting the personal allowance)...

Section B (2 Mark)

A taxpayer has taxable income for 2011-12 (after deducting the personal allowance) of £185,300. None of the income is derived from savings or dividends. The income tax liability for the year is:

A.

£92,650

B.

£74,120

C.

£70,650

D.

£37,060

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