Question: . Three cases are presented below, and you are requested to classify the type of tax with reasons. (6 marks) Case 1: The tax rate

. Three cases are presented below, and you are requested to classify the type of tax with reasons. (6 marks)

Case 1: The tax rate is fixed at 12.5%

Case 2: The tax rates are given as follows: Amount BWP Tax to be deducted 0 30 000 0 30 000 60 000 0 + 5% of excess over P30 000. 60,000 + 1 500 + 12.5% of excess over P60 000.

Case 3 20 % on income earned up to P20 000. 10% on income earned up to P30 000. 5% on income earned up to P40 000.

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