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Income rates for income earned were charged as follows: Income in Kshs. p.m Rate in Kshs. per sh.20 1- 8400 ...

      

Income rates for income earned were charged as follows:
Income in Kshs. p.m Rate in Kshs. per sh.20
1- 8400 2
8401- 18,000 3
18,001- 30,000 4
30,000 - 36,000 5
36,001 - 48,000 6
48,001 and above 7
A civil servant earns a monthly salary of Ksh.19,200. His house allowance is Ksh12,000 per
month. Other allowces per month are transport Ksh.1300 and medical allowance Ksh.2300.
He is entitled to a family relief of Kshs. 1240 per month.
Determine:
a) (i) His taxable income per month.
(ii) Net tax. b) In addition, the following deductions were made
NHIF shs. 230
Service charge Kshs. 100
Loan repayment Kshs. 4000
Co-operative shares of Kshs. 1200.
Calculate his net salary per month.

  

Answers


Kavungya
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Kavungya answered the question on June 19, 2019 at 09:25


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