1.2 REQUIRED Calculate the net salary of H. Gordon for December INFORMATION H. Gordon's basic annual...
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1.2 REQUIRED Calculate the net salary of H. Gordon for December INFORMATION H. Gordon's basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income. 1.2 REQUIRED Calculate the net salary of H. Gordon for December INFORMATION H. Gordon's basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income.
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