Question 1Paper 1 style · no calculator
Ailsa is paid 12 pounds an hour for a basic 35 hour week. Overtime is paid at time and a half. One week she works 39 hours. Calculate her gross pay for that week.
Section 3: Income, deductions and budgeting
Work out gross pay first, then take off each deduction using the rates the question gives you.
Quick checks: multiple choice
Question 2Paper 1 style · no calculator
Callum sells kitchens. He is paid 1400 pounds a month plus commission of 3% on his sales above 5000 pounds in that month. In March his sales are 9000 pounds. Calculate his total pay for March.
Question 3Paper 2 style · calculator
Euan is paid 11.40 pounds an hour. His hours from Monday to Saturday are paid at the basic rate up to 37 hours, and any Monday to Saturday hours beyond 37 are paid at time and a half. All Sunday hours are paid at double time. One week he works 42 hours from Monday to Saturday and 5 hours on Sunday. Calculate his gross pay for the week.
Question 4Paper 2 style · calculator
Kirsty is paid 10.80 pounds an hour for a basic 35 hour week, and overtime at time and a half. She wants her gross pay for one week to be at least 500 pounds. Find the least whole number of overtime hours she must work that week.
Question 5Paper 1 style · no calculator
Isla's annual salary is 24 000 pounds, paid in 12 equal monthly amounts. In December she is also paid a bonus of 5% of her annual salary. Calculate her total pay for December.
Question 6Paper 2 style · calculator
A job advert offers an annual salary of 27 300 pounds. Taking a year as 52 weeks, how much is this a week?
Question 7Paper 2 style · calculator
Fraser is offered two sales jobs. Job A pays a salary of 2700 pounds a month. Job B pays 1100 pounds a month plus commission: 2% on the first 20 000 pounds of his sales in the month and 5% on any sales above 20 000 pounds. He expects sales of 46 500 pounds a month. Which job would pay more each month, and by how much?
Question 8Paper 1 style · no calculator
Niamh earns 32 000 pounds a year. She pays no income tax on the first 12 000 pounds, and income tax at 20% on the rest. Calculate her annual income tax.
Question 9Paper 1 style · no calculator
Hamish has a gross monthly pay of 2400 pounds. Each month he pays income tax of 310 pounds, National Insurance of 180.50 pounds, and 5% of his gross pay into a pension. Calculate his net monthly pay.
Question 10Paper 1 style · no calculator
In one job, weekly National Insurance is 10% of weekly pay between 200 pounds and 1000 pounds, plus 2% of any weekly pay above 1000 pounds. Nothing is paid on the first 200 pounds. Morag earns 1150 pounds one week. How much National Insurance does she pay that week?
Question 11Paper 2 style · calculator
Rory's gross annual salary is 38 400 pounds. He pays 6% of his gross salary into a pension, and this pension payment is taken off his salary before income tax is worked out. He then pays income tax at 20% on what is left above a tax-free allowance of 12 000 pounds. Calculate his annual income tax.
Question 12Paper 2 style · calculator
A tax scheme has these rules: the first 12 000 pounds of annual income is tax free; the next 30 000 pounds is taxed at 20%; any income above 42 000 pounds is taxed at 40%. Calculate the annual income tax on a salary of 51 000 pounds.
Question 13Paper 2 style · calculator
| Payments | Pounds | Deductions | Pounds |
|---|---|---|---|
| Basic pay | 1820.00 | Income tax | 268.40 |
| Overtime | 214.50 | National Insurance | 151.22 |
| Bonus | 150.00 | Pension | 109.25 |
Part of Eilidh's payslip for one month is shown. Calculate her net pay for the month.
Question 14Paper 1 style · no calculator
Lewis is a care worker with basic pay of 1650 pounds a month. He also receives a travel allowance of 0.45 pounds a mile, and one month he travels 300 miles for work. The travel allowance is not taxed. Income tax is 20% of his basic pay above 1000 pounds a month, and there are no other deductions. Calculate his total take-home pay for that month.
Question 15Paper 1 style · no calculator
Skye's net pay is 1450 pounds a month. Her monthly outgoings are rent 525 pounds, food 240 pounds, travel 86.50 pounds, household bills 132.75 pounds and phone 18.99 pounds. How much does she have left each month?
Question 16Paper 2 style · calculator
Finlay's net pay is 1840 pounds a month and his fixed outgoings are 1290 pounds a month. He decides to save 12% of his net pay each month. How much is left each month for everything else?
Question 17Paper 2 style · calculator
A school is planning a ceilidh. The hall costs 350 pounds and the band costs 480 pounds. Food costs 14.50 pounds for each guest. Tickets are 25 pounds each, and every guest buys one. Find the least number of tickets that must be sold so that the ticket money covers all the costs.
Question 18Paper 1 style · no calculator
Eilidh's net pay is 380 pounds a week. Each week she spends 165 pounds on rent, 70 pounds on food, 42.50 pounds on travel and 60 pounds on other costs. She saves everything left over. How many weeks will it take her to save at least 300 pounds for a festival ticket?
Question 19Paper 1 style · no calculator
| Item | Amount (pounds) |
|---|---|
| Starting balance | 215.40 |
| Rent paid out | 450.00 |
| Wages paid in | 612.85 |
| Card payment out | 89.99 |
| Phone bill paid out | 25.00 |
The table shows Ross's bank account for one month. Find the balance at the end of the month.
Question 20Paper 2 style · calculator
Lewis earns 11.20 pounds an hour and works 30 hours a week. His deductions are 14% of his gross pay. His outgoings are 240 pounds a week. He wants to save for a holiday costing 650 pounds by putting aside everything left over for 10 weeks. Will he have enough?
Paper-style questions: Paper 1, then Paper 2
Working in a caféPaper 1 style, no calculator · 7 marks
Ewan works in a café. He is paid 10.60 pounds an hour for the first 30 hours he works each week. Any hours beyond 30 in a week are overtime, paid at time and a half.
Type fractions as 3/8, powers as x^2 and roots as sqrt(5).
Show your working on paper; type the final answer here. Type fractions as 3/8, powers as x^2 and roots as sqrt(5).
Type fractions as 3/8, powers as x^2 and roots as sqrt(5).
(d) For a 36 hour week, which café pays more, and by how much? [1]
Show your working on paper; type the final answer here. Type fractions as 3/8, powers as x^2 and roots as sqrt(5).
Isla's first jobPaper 2 style, calculator · 10 marks
Isla is offered a job with a gross annual salary of 31 200 pounds, paid in 12 equal monthly amounts. Her deductions are worked out like this. Income tax: 20% of her annual salary above 12 600 pounds. National Insurance: 8% of her annual salary above 12 000 pounds. Pension: 5% of her gross monthly pay. The table shows her planned monthly outgoings.
| Outgoing | Pounds per month |
|---|---|
| Rent | 725.00 |
| Council tax | 118.50 |
| Food | 260.00 |
| Travel | 95.00 |
| Other bills | 142.80 |
Type fractions as 3/8, powers as x^2 and roots as sqrt(5).
Type fractions as 3/8, powers as x^2 and roots as sqrt(5).
(c) Complete Isla's monthly payslip. [4]
| Item | Pounds per month |
|---|---|
| Gross pay | 2600.00 |
| Income tax | |
| National Insurance | |
| Pension | |
| Net pay |
Type one value in each empty cell.
Type fractions as 3/8, powers as x^2 and roots as sqrt(5).
(e) Isla would like a car costing 249 pounds a month on finance, plus insurance of 64.50 pounds a month. She wants to keep at least 400 pounds a month for savings and spending. Can she afford the car? [1]