1 Show briefly how the authors found the 35 253 and 63 853 in the second column of Table 13 1, as well as the 10,7 and 24,0 in the fourth column (Show the calculations) Taxable Income bracket (R) Basic amount (R) Marginal rate ( ) Lowest average rate in each bracket ( ) 0 195 850 18 195 851 305 850 35 253 26 10,7 305 851 423 300 63 853 31 16,2 423 301 555 600 100 263 36 20,3 556 601 708 310 147 891 39 24,0 708 311 1 500 000 207 448 41 27,3 1 500 001 and above 532 041 45 45 34,5 2 If someone's income is R400 000 and she gets a 10 nominal salary increase, by what percentage will her tax liability increase if the tax brackets are not adjusted for inflation Use the table above (See example in Section 13 4 4)

Question

1  Show briefly how the authors found the 35 253 and 63 853 in the second column of Table 13 1, as well as the 10,7 and 24,0 in the fourth column  (Show the calculations)  Taxable Income bracket (R) Basic amount (R) Marginal rate ( ) Lowest average rate in each bracket ( ) 0 195 850 18 195 851 305 850 35 253 26 10,7 305 851 423 300 63 853 31 16,2 423 301 555 600 100 263 36 20,3 556 601 708 310 147 891 39 24,0 708 311 1 500 000 207 448 41 27,3 1 500 001 and above 532 041 45 45 34,5 2  If someone's income is R400 000 and she gets a 10  nominal salary increase, by what percentage will her tax liability increase if the tax brackets are not adjusted for inflation  Use the table above  (See example in Section 13 4 4)

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1. Show briefly how the authors found the 35 253 and 63 853 in the second column of Table 13.1, as well as the 10,7

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