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$(1)$ You visited Port's Auto Parts and purchased the following items:

 

 

a$.2$ control arm bushings @ $$1000$ each

b$.2$ park lamps RH Toy$/$Camry LHD @ $$3750$ each

 

 

$(2)$ Compute the GCT that you would pay on these items. Include three $(3)$ invoices that you have obtained for purchase of items that attract GCT$.$

Show the calculation of the GCT on these invoices.

 

$(3)$ Prepare the pay slip for a monthly paid employee.

This should include:

a$.$ Employee information

b$.$ Basic Pay of $$200000$

c$.$ Threshold

d$.$ Relevant statutory Deductions $($PAYE$,$ NIS, NHT & ED$.$ Tax$),$

$$ 

 

$(4)$ Describe the requirements for HEART deductions.

  

 

$(5)$ Obtain samples of tax forms related to the Income Tax Returns for Self Employed persons. Explain how each form is used. Introduction to provide an overview of different types of organisations and the growth of the international business environment.

Answer rating: 100% (QA)

1 Working for Purchase of Items a Control arm bushings Quantity 2 Unit Price 1000 Total Cost 2 1000 2000 b Park lamps RH ToyCamry LHD Quantity 2 Unit ... View the full answer