The income tax in 1995 was collected as follows: Income in Kshs. p.a rate of tax % 1 - 39,600 ...

      

The income tax in 1995 was collected as follows:
Income in Kshs. p.a rate of tax %
1 - 39,600 10
39,601 - 79,200 15
79,201 - 118,800 25
118,801 - 158,400 35
158,401 - 198,000 45
Mutua earns a salary of Kshs.8,000. He is housed by the employer and therefore 15% is added to his salary to arrive at its taxable income. He gets a tax relief of Shs.400 and pay Shs.130 service charge. Calculate his net income.

  

Answers


Kavungya
fig92932019926.png
Kavungya answered the question on March 29, 2019 at 06:29


Next: When a compound X was heated, a brown gas and a black residue were produced. Give the formula of: (i) The brown gas. (ii) The black...
Previous: Explain why the length of the metre stick is only 60cm when observed by an observer travelling at a rocket at very high relativistic speeds.

View More Mathematics Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions