673 others answered this question
Question 1a Note 6 Alfred
Tax rates
TX 2014 Tax Rates and Allowances
Alfred and Edward King are brothers. They are trying to calculate their balancing payments for the tax year 2013–14, and the following information is available:
Alfred King
(6) During the tax year 2013–14, Alfred received dividends totalling £3,060, of which £720 were from a stocks and shares individual savings account (ISA). These were the actual cash amounts received.
Required:
What amount of dividends will tax be paid on for the year?