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Beauty resigned on the 3 1 st of July 2 0 2 2 sighting frustration and a lack of appreciation. Her remuneration package included the

Beauty resigned on the 31st of July 2022 sighting frustration and a lack of appreciation. Her remuneration package included the following:
Basic Salary N$520,000
Housing Allowance (Inland Revenue) N$210,000 per annum
Medical Aid Allowance:
To beauty: N$2,500 P.M
To NMC: N$3,000 P.M
Utility Allowances N$5,400 P.M
Gratuity and Separation package $215,000
Other Income
Dividends received
Offshore Investment: N$15,000
Local: N$27,000
Interest received $64,000;15% treasury bills; 25% Nampost and the remainder from
commercial banks and private equity funds
During the tax period, Beauty made the following contributions
Pension to GIPF a quarter of her basic salary
Pension to a private scheme $3,000 Per month
Donation:
to a political party N$4,000 once off
Trade union 1% of her basic salary per month
Trust school N$1,500 per month
Assuming Beauty\'s employer withheld PAYE N$73,200, received business income amounting to N$102,000 excluding expenses amounting to N$38,450. Calculate Tax payable or refundable for
the tax period 2022-2023.
 

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