Question 10 is for Higher tier
An employee wants to calculate how much income he will receive after tax. For the financial year, he finds that the tax-free personal allowance is £9,500. After this, taxable income between £0 - £32,455 is taxed at 20%, taxable income from £32,455 to £140,000 is taxed at 40% and any taxable income over £140,000 is taxed at 50%. Calculate the amount of income they will receive after tax if their salary is £160,000.