Mathematics, 24.05.2021 22:10 lolxdtig
A man has a wife with six children and
his total income in 1988 was $8500. He was allowed the following free of tax.
Personal=$1200
Wife=$300
Each child=$250 for a maximum of 4
Dependant Relatives=$400
Insurance=$250
The rest was taxed at the 10%
Calculate;
(i) His total allowed tax
(ii) his monthly taxable income (iii) his net monthly Pay
(iv) his income tax
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Answers: 2
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A man has a wife with six children and
his total income in 1988 was $8500. He was allowed the follo...
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