A. Butcher opened a butchery and employs five people on these terms: UIF contributions are calculated
Question:
A. Butcher opened a butchery and employs five people on these terms:
• UIF contributions are calculated at 1% per employer and employee.
• Union fees are R50 per month for all employees.
• Only Mr Tando belongs to the medical aid fund. Mr Tando is unmarried. His contribution is R550 per month. A. Butcher contributes the same amount.
• Tax payable before MTC:
You are required to:
Calculate the net remuneration of all the employees.
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Lets calculate each employees net remuneration Mr Tando Salary R8500 per month Pension Fund Contribu...View the full answer
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Abdul Wahab Qaiser
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Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
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