a) PJ, CC and BM are all employed at P and B Consultants. During the year...
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a) PJ, CC and BM are all employed at P and B Consultants. During the year of assessment ending 2020/2022, they had the following details, all amounts are in NS Details Basic Salary per month Annual Production Bonus Annual Savings bonus on basic Salary 15% Study Allowance Taxi Allowance Part time wages per month Best Employee award PJ 15 000 9.000 4500 850 12000 Calculate the b) Taxable income for each person [ 16 marks] c) The tax liability [9 marks] CC 25 000 3.000 4500 640 BM 32 000 5000 4500 7500 a) PJ, CC and BM are all employed at P and B Consultants. During the year of assessment ending 2020/2022, they had the following details, all amounts are in NS Details Basic Salary per month Annual Production Bonus Annual Savings bonus on basic Salary 15% Study Allowance Taxi Allowance Part time wages per month Best Employee award PJ 15 000 9.000 4500 850 12000 Calculate the b) Taxable income for each person [ 16 marks] c) The tax liability [9 marks] CC 25 000 3.000 4500 640 BM 32 000 5000 4500 7500 a) PJ, CC and BM are all employed at P and B Consultants. During the year of assessment ending 2020/2022, they had the following details, all amounts are in NS Details Basic Salary per month Annual Production Bonus Annual Savings bonus on basic Salary 15% Study Allowance Taxi Allowance Part time wages per month Best Employee award PJ 15 000 9.000 4500 850 12000 Calculate the b) Taxable income for each person [ 16 marks] c) The tax liability [9 marks] CC 25 000 3.000 4500 640 BM 32 000 5000 4500 7500 a) PJ, CC and BM are all employed at P and B Consultants. During the year of assessment ending 2020/2022, they had the following details, all amounts are in NS Details Basic Salary per month Annual Production Bonus Annual Savings bonus on basic Salary 15% Study Allowance Taxi Allowance Part time wages per month Best Employee award PJ 15 000 9.000 4500 850 12000 Calculate the b) Taxable income for each person [ 16 marks] c) The tax liability [9 marks] CC 25 000 3.000 4500 640 BM 32 000 5000 4500 7500 a) PJ, CC and BM are all employed at P and B Consultants. During the year of assessment ending 2020/2022, they had the following details, all amounts are in NS Details Basic Salary per month Annual Production Bonus Annual Savings bonus on basic Salary 15% Study Allowance Taxi Allowance Part time wages per month Best Employee award PJ 15 000 9.000 4500 850 12000 Calculate the b) Taxable income for each person [ 16 marks] c) The tax liability [9 marks] CC 25 000 3.000 4500 640 BM 32 000 5000 4500 7500 a) PJ, CC and BM are all employed at P and B Consultants. During the year of assessment ending 2020/2022, they had the following details, all amounts are in NS Details Basic Salary per month Annual Production Bonus Annual Savings bonus on basic Salary 15% Study Allowance Taxi Allowance Part time wages per month Best Employee award PJ 15 000 9.000 4500 850 12000 Calculate the b) Taxable income for each person [ 16 marks] c) The tax liability [9 marks] CC 25 000 3.000 4500 640 BM 32 000 5000 4500 7500
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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