The income taxation table for the year 2010 was as shown; Mr. Ochieng is an employee who earns a basic salary of Ksh.30,000 per month. Other...

      

The income taxation table for the year 2010 was as shown;
fig7823920191219.png
Mr. Ochieng is an employee who earns a basic salary of Ksh.30,000 per month. Other
monthly benefits are a house allowance of Ksh.6,000 and commuter allowance of Ksh.3,400.
He claims a tax relief of sh.1156 per month.
Calculate
a)i)His monthly taxable income in K₤
ii)His monthly net tax
b)Other deductions per month are:-
NHIF Kshs.320
Coop Loan Ksh.5400
WCPS ksh.300
Calculate his monthly net salary

  

Answers


Kavungya
fig7923920191220.png
b) Deductions
Tax = shs.7454
NHIF = shs.320
Loan = shs.5400
WCPS = shs.300
Shs.13,474
Total income = ksh.39400
Less ksh.13474 -
Net salary = kshs.25926

Kavungya answered the question on September 23, 2019 at 09:21


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