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Rates of tax in operation in 2010 are given in the table below:-K£ p.a Rate of tax %1-5208 105209-9744 259745-14292 2014293-18840 15Over 18840 30(a)Mr. Lukandu pays sh. 5,400 as P.A.Y.E...

Rates of tax in operation in 2010 are given in the table below:-
K£ p.a..............Rate of tax %
1-5208.................10
5209-9744..............25
9745-14292.............20
14293-18840............15
Over 18840.............30
(a)Mr. Lukandu pays sh. 5,400 as P.A.Y.E monthly. He was entitled to house allowances of Ksh. 9,000 p.m and getting a monthly tax relief of sh. 1093. Calculate his monthly basic salary.
(b)Mr. Lukandu other deductions per month were;
Co-operative society contribution sh. 2,000
Loan payment sh. 2,500
Calculate his net salary per month.

Answers

Kavungya answered the question on September 18, 2019 at 10:53

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