H. Gordons basic annual salary is R240 000. He receives an annual bonus of 80% of his

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H. Gordons 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.

Calculate the net salary of H. Gordon for December. Show Calculations.

Posted Date: May 18, 2024 12:03 PM

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H. Gordons basic annual salary is R240 000. He receives an annual bonus of 80% of his

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