Maths
I need help with question please ?
A student on the Engineering Foundation course had been working full-time for a small manufacturing company for the past 2 years. She has now decided to join the course to enhance her skills and broaden her job prospects.
Based on her contract with the company, she had to work for 37 hours per week. Any additional hours she worked counted as overtime. In a typical week she would work for 42 hours.
She was paid £9.50 per hour for the first 37 hours. She was then paid 1.5 x her hourly rate, for every hour she worked overtime.
(a) Estimate without the use of a calculator to how much she earned for a typical week.
(b) Calculate her earnings for that week.
The earning you calculated in part (b) was without income tax and national insurance deductions. The student earned a gross total of £21,500 for the tax year 2019-2020.
(c) Calculate how much she earned after deductions, for that year.
Data you need to know to answer part (c):
Personal Allowance (2019-2020): £12,500
Basic rate of income tax (up to £37,500 after personal allowance deducted): 20%
National Insurance Contribution (NIC): 12% for earnings between £184 - £962 per week
A student on the Engineering Foundation course had been working full-time for a small manufacturing company for the past 2 years. She has now decided to join the course to enhance her skills and broaden her job prospects.
Based on her contract with the company, she had to work for 37 hours per week. Any additional hours she worked counted as overtime. In a typical week she would work for 42 hours.
She was paid £9.50 per hour for the first 37 hours. She was then paid 1.5 x her hourly rate, for every hour she worked overtime.
(a) Estimate without the use of a calculator to how much she earned for a typical week.
(b) Calculate her earnings for that week.
The earning you calculated in part (b) was without income tax and national insurance deductions. The student earned a gross total of £21,500 for the tax year 2019-2020.
(c) Calculate how much she earned after deductions, for that year.
Data you need to know to answer part (c):
Personal Allowance (2019-2020): £12,500
Basic rate of income tax (up to £37,500 after personal allowance deducted): 20%
National Insurance Contribution (NIC): 12% for earnings between £184 - £962 per week
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