You have been posted to a new start-up company, HealthlineCompany Limited in Accra. The owner of the business, a foreigner has asked that payroll and tax deductions should be done professionally from day one of the company. As an Account Officer, Trained in UPSA, he has given you this information to prepare payroll for his consideration.

Name of Staff	SSNIT Numbers	Basic Salary	Allowances
Charles Nkumsah	FK000197812	1,950.00	450.00
Mabel Ackom	BC000142594	3,650.00	300.00
Efia Pokuaa	EF000732596	4,963.00	0.00
Martin Chris	MS000187613	5,746.00	0.00
Robert Sey	KN781714631	20,140.00	750.00
Kofi Nkrabea	NE784441361	11,860.00	0.00

Kofi Nkrabea and Efia Pokua will have pending monthly staff deductions of GHS960 and GHS720 respectively for their accommodation.

Note: Assume a Flat Pay As You Earn tax of 15% for other staff and 22% for Robert Sey and Kofi Nkrabea

Required:

You are required to prepare a payroll based on Ghana’s Tax Laws for the consideration of the investors.

Answer rating: 100% (QA)

Name of Staff SSNIT Numbers Basic Salary Allowances Total Income Tax deducted Net Income C... View the full answer