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A 19-year-old man wants to work out how much his annual take-home pay will be if he applied for this job.

**Job Details:**
- Position: Shop assistant
- Hours: 8 am - 4 pm (includes 1 hour unpaid break)
- Days: 5 days a week
- National minimum wage (age) rate per hour (£):
- Apprentice: £5.28
- 16-17 years: £5.28
- 18-20 years: £7.49
- 21-22 years: £10.18

He knows that his take-home pay will be what is left after income tax and national insurance have been deducted.

**Tax Information:**
- Income tax is taken from your earnings after your personal allowance has been deducted.
- Personal allowance: Up to £12,570 (0%)
- Basic rate: £12,571 to £50,270 (20%)
- Higher rate: £50,271 to £125,140 (40%)

He works out that he will pay approximately £130 in national insurance for the year.

What will his annual take-home pay be?

**Options:**
A. £13,350
B. £14,275
C. £15,510
D. £16,840

Answer :

Final answer:

To calculate the annual take-home pay for the 19-year-old man, we determine his hourly wage, calculate the yearly hours worked, subtract taxes based on given tax bands and personal allowance, and deduct estimated national insurance contributions. The closest answer to the resulting calculation is A) £13,350.

Explanation:

Since he is 19 years old, his national minimum wage rate is £7.49 per hour.

Working hours:

7 hours a day (8 hours including 1 hour unpaid break) x 5 days a week = 35 hours a week

35 hours a week x 52 weeks in a year = 1820 hours a year

Annual gross pay:

1820 hours x £7.49 = £13,631.80

According to the tax information provided and the personal allowance, the first £12,570 of his earnings will not be taxed. The remaining £1,061.80 (£13,631.80 - £12,570) will be taxed at the basic rate of 20%, resulting in £212.36 of tax.

Subtracting the tax and national insurance from the gross pay:

£13,631.80 (gross pay) - £212.36 (income tax) - £130 (national insurance) = £13,289.44

The closest matching option to £13,289.44 is £13,350 (Option A).

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