Patricia has a gross income of €38 500 for the year
She has an annual tax credit of €3300
The standard rate cut-off point is €33 800
The standard rate of income tax is 20% and the higher rate is 40%.
- (a) Find Patricia's net income for the year.
Patricia receives a pay rise. As a result her net income for the year increases
to €34 780.
(b) Find Patricia's new gross income for the year.