Mathematics, 03.02.2021 16:30 southerntouch103
Janet’s gross salary is $2,400 per month. Her tax-free allowances are shown below:
National Insurance ( 5% of gross salary)
Personal Allowances ( $3000 per year)
Calculate :
Her gross yearly salary
Her total tax-free allowances for the year
Her taxable yearly income.
A 10% tax is charged on the first $4000 and 15% on the remainder of taxable income. Calculate the amount of income tax Janet pays for the year.
Answers: 1
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Janet’s gross salary is $2,400 per month. Her tax-free allowances are shown below:
National Insura...
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