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Question 5a Delilah Note 5,6

Samson and Delilah are a married couple. Samson was born on 24 June 1964 and Delilah was born on 6 May 1962.

They are both employed by Rope plc, and Delilah is also a partner in a partnership. The following information is vailable in respect of the tax year 2014–15:

Delilah
(5) Delilah has been in partnership with Esther and Felix for a number of years. The partnership’s tax adjusted trading profit for the year ended 31 December 2014 was £93,600. Esther is paid an annual salary of £8,000, with the balance of profits being shared 40% to Delilah, 30% to Esther and 30% to Felix.

(6) During the tax year 2014–15, Delilah paid interest of £6,200 (gross) on a personal loan taken out to purchase her share in the partnership.

Required:
What is Delilah's share of taxable profit from the partnership?

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