NYAMEYE has been employed as the chief accountant of Peekay Ltd for several years. Her gross salary per month as at 1^st January 2005 was GH¢12,000.

She is entitled to the following consolidation  monthly allowances:

Responsibility Allowance                                                                                                              GH¢800

                House help Allowance                                                                                                   GH¢500

                Accountable Imprest                                                                                                      GH¢600

She is provided with a company vehicle with fuel for her official and private use.

The employer also provides her with a well-furnished accommodation.

She contributed 5% of  her basic salary to social security and another 5 % to a provident fund. Her employer also contributes 10% of her basic salary to the provident fund.

She is married with four children who are attending Government Registered Senior Secondary Schools in different parts of Ghana.

In May 2005 she was promoted to the General Manager with a basic salary of GH¢16,000per month.

Her other allowances and benefits remained the same throughout the year 2005.

Required

Calculate her tax liability for 2005 year of assessment.

2005 ANNUAL TAX RATE SCHEDULE-INDIVIDUAL

                                                INCOME                               RATE                                      TAX THEREON (GH¢)

First                                       1,800                                     0%                                                          0

Next                                      1,800                                     5%                                                           90

Next                                      4,800                                     10%                                                        480

Next                                      27,600                                   15%                                                         4,140

Next                                      36,000                                   20%                                                        7,200

Exceeding                         72,000                                     28%