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The table below shows a monthly income tax rate for the year 2005 Peters monthly earning in 2005 were as follows: Basic salary Ksh35,600, house allowance Kshs12,000,...

The table below shows a monthly income tax rate for the year 2005
fig43181120191243.png
Peters monthly earning in 2005 were as follows:
Basic salary Ksh35,600, house allowance Kshs12,000, Medical allowance Kshs2,800, transport
allowance Kshs3,400, Peter was entitled to monthly tax relief of Kshs1,056.
Calculate:
(a) His monthly taxable income
(b) The monthly tax paid by Peter.
(c) In addition to tax the following deductions were made to Peters monthly income
- Service charge of Ksh100
- Health insurance fund 320
2% of his basic salary as widow and child pension . Calculate Peters net pay that month.

Answers


Kavungya
fig44181120191244.png
Kavungya answered the question on November 18, 2019 at 09:45

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