Advanced personal taxation
From the information Billy provides, you establish that he had the following other income for 2018/19:
Bank interest received of £75 from Halifax savings account;
NS&I bank interest received of £27;
Employment income (Billy is an occasional employee of an outdoor catering
company) of £11,690. From this, PAYE of £38 has been deducted; and
Dividend receipts of £6,200.
Required:
Calculate Billy’s income tax liability for 2018/19 and state what amount remains due/will be repaid.