Individual A has an annual employment income of 2,760,000 ALL. After applying a deduction of 360,000 ALL, the taxable income is 2,400,000 ALL. This is taxed at a rate of 13% for income up to 2,040,000 ALL and 23% for the portion exceeding this amount, resulting in a total annual tax of 358,000 ALL.
Individual B has an annual net business income of 3,250,000 ALL. After applying the 360,000 ALL deduction and a child tax credit of 96,000 ALL, the taxable income is 2,794,000 ALL. This is taxed at a flat rate of 15%, resulting in a total annual tax of 419,100 ALL.
Individual A earns 20,000 ALL in interest from bank deposits, which is taxed at 15%. Individual B earns 25,000 ALL in dividends, which is taxed at 8%. This results in a tax liability of 3,000 ALL and 2,000 ALL, respectively.