Hello,
I was doing an exercise from the revisions kit. It goes as follows:
Adrian is PAYE code L. Salary 15000 pounds, benefits 1160. unpaid tax from 2013/14 was 58 pounds, His personal allowance is 10600, he is a basic tax payer. what is his paye code.
The answer goes as follows
pers. all. 10600
benefits (1160)
UNPAID TAX 58x100/20
my question is, why unpaid tax is calculated in that way by multiplying 58 for 100/20?
thank you in advance