Bonus (fixed and guaranteed): 11,150Car allowance: 10,000How much would the effective tax rate be if the individual reduces 10% on the salary for JOB#1?

4-) You are hired by an individual to provide tax planning. The said individual is being offered 2 different jobs and he will accept the one where his effective income tax rate (amount of income tax divided by net pay] is between (or closer to the lowest range] 19% and 30%. The information to consider is as follows (the individual is not concerned about CPP or E1 as these are unavoidable and have a cap): Income tax rates: 0 - 30,00 -) 15% 30,001- 69,999 9 20% 69,999 and above -) 25% WW Salary 100,000 Bonus the lowest of: 5% of salary, or 2.5% of $50000 plus 2.5% of 25,000 plus 10% of 25,000 Car allowance 10% (of salary] WWW Salary 35,000