Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Thomas earns $37,000 per year. he gets a free tax allowance of $8,000 and pays 25% tax on the rest. how much tax will he pay in a year?​

Sagot :

Answer:

$11,250

Step-by-step explanation:

$37,000

Add the free tax allowance

37,000 + 8,000 = 45,000

Now turn 25% to decimal.

25% = 0.25

Multiply the 45,000

45,000 x 0.25 =

$11,250

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.