The following table shows individual rates of income tax Income K£ PA ...

      

The following table shows individual rates of income tax
Income K£ PA Rate (sh. Per K£)
1 – 4512 2
4513 - 9024 3
9025 – 13536 4
13537 – above 5
Mr. Kariuki lives in a company house for which he pays a nominal rent of Ksh.610 per month. For taxation purpose, his basic salary is increased by 15%. He is insured and pays sh.1200 as premiums per month and claims insurance relief of K£ 36 per annum. He also claims a family relief of sh.660 per month. In addition, he is a member of a co-operative society, to which he remits Ksh.1500 per month, as shares. If Mr. Kariuki’s P.A.Y.E is ksh.2400 per month, calculate his net salary in shillings per month.

  

Answers

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sharon kalunda answered the question on August 27, 2019 at 13:38

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