Get premium membership and access questions with answers, video lessons as well as revision papers.

The table below shows the income tax rates for the year 2006. In the year 2006, Ali’s monthly earnings were as follows: Basic Salary KShs 22,600;House Allowance...

      

The table below shows the income tax rates for the year 2006.
fig11992019937.png
In the year 2006, Ali’s monthly earnings were as follows:
Basic Salary KShs 22,600;House Allowance Kshs 12,000;
Medical Allowance Kshs 2,880;Transport Allowance KShs 340
Ali was entitled to a monthly personal relief of Sh 1162 and an insurance relief of Sh 450.
Every month the following deductions were made:
NHIF KShs 320; Insurance Premium Shs 3000;Sacco Loan repayment Shs 6000
Sacco Share contribution Shs 1500; Workers Union dues Shs 200
Calculate:
a) Ali’s taxable income in K£ p.a.
b) Ali’s monthly tax paid in Kshs
c) Ali’s monthly net income from his employment in KShs
d) If Ali received a 10% increase in his basic salary, calculate the corresponding percentage
increase on the income tax.

  

Answers


Kavungya
fig21992019938.png
fig31992019941.png
Kavungya answered the question on September 19, 2019 at 06:42


Next: The table below shows ammeter reading recorded when 2M Sulphuric (VI) acid and 2M ethanoic acid were tested separately.
Previous: Using electrons in the outermost energy level, draw a dot (.) and cross (X) diagram for the ion and compound given. (P=15, H=1, B=5,...

View More Mathematics Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions