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Guys please i need help. This is the second time i am posting this question. Its due in the next 3hrs. Please help me guys.

Guys please i need help. This is the second time i am posting this question. Its due in the next 3hrs. Please help me guys.

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Question 2 Marks Mr Malati is a weekly employee. He is 44 years old and has 1 beneficiary on his medical aid including himself. There are 12 months, 52 weeks, and 26 fortnights in the current tax year. His medical aid contributions are made every week excluding the Sth week. Refer to the table below for Mr Malatji weekly processing and answer the questions below Description Hourly Wage Medical Aid Employer Medical Aid Employee Provident Fund Employee Provident Fund Employer Free/ Cheep services Annual Bonus PAYE Week One RS 690 RSOO R705 R415 R320 R300 Week Two RS 690 RSCO R705 R415 R320 R300 RIO 042 R975.08 2.1 What is the value of annualized remuneration for Mr Malatji? a. 321 975 b. 6 232.94 c. 315 900 d. None of the above 2.2 What is the value of Mr Malatj's PAYE for period 2 before deducting medical aid tax credits? a. 4210 b. 3803.10 c. 461222 d. 4 143.81 2.3 What is the total value of tax deductible deductions period one for Mr Malatji? a. 1470 b. 830 C. 640 d. None of the above 2.3 The value of the year to date fringe benefits for Mr Malatji is R1 470. a. True 2.4 The value of the annualized remuneration + irregular income for Mr Malati is R325 942. a. True b. False 2.5 The total value of the fringe benefits for Mir Malatji for week one is R1 120. a. True b. False 2.6 The following Ulf employment statuses are available in Sage Pastel Payroll and HRA Active, B Employer's Insolvency, Maternity/Adoption leave, Retrenched, Transfer to another branch, F Business death of domestic employer, H Voluntary severance package a. True b. False 2.7 Certain deductions may be deducted from the employees remuneration before tax is calculated. These tax deductible deductions are limited by statutory regulation a. True b. False 2.8 The employee works 7 hours on a public holiday which falls on a Saturday, a day on which the employee would not ordinary work. Select the correct option for how the employee should be paid a. The employee should not be paid anything, b. Double the normal wage. c. Only the wage for the hours worked as on a normal day d. The normal wage for that day plus the amount earned for that day. 2.9 During an employee's first sick leave cycle an employer may not reduce the employee sickleave entitlement by the number of sick leave days taken in the first six months. a. True b. False 2.10 Factors that influence the tax calculation include (state all that apply): L Tax year start date I. Employee age Employee start date iv. Type of income v. Pension fund employee contribution vi. Mental status a. (0.410. (vM b. 0.01).(I), (M). (v. (vi) c. 0.00). (1). Ovl.lv) d. 0.01). (1). (v. (vi) 2.11 According to the Income Tax Act, "Taxable Earnings includes the following: a. Salary b. Commission c. Overtime d. All of the above 2.12 The Basic Condition of Employment act is applicable to any given situation with no exceptions. a. True b. False 2.13 UIF contributions are decreased with tax deductible deductions such as pension fund and retirement annuity contributions a. True b. False 2.14 Overtime of a regular nature must be included in the OID returns of earnings. a. True b. False 2.15 A cellphone allowance for a sales consultant, as a payment to enable work to take place, must be included in the remuneration a. True b. False 2.16 Lumpsums from pension and retirement annuities must be calculated in the calculation of skills development levies. a. True b. False 2.17 What is the ID ceiling limit for 2019/2020? a. 458 520 b. 403 501 C 377 098 d. 390 097 2.18 According to the BCEA, an employee is entitled to one week for every completed year of continuous service in order to calculate severance pay. a. True b. False 2.19 The purpose of the employment equity is to promote equally opportunities and fair treatment in employment through the elimination of unfair discrimination. a. True b. False 2.20 Commission is always excluded when calculating UIF. a. True b. False 2.21 The term "wage" can be defined as "any payment in money or in kind, or both in money or in kind, or owing to any person, in return for that person working for any other person a. True b. False 2.22 Any amount paid for work done is part of remuneration. a. True b. False 2.23 The Basic Conditions of Employment Act 75 of 1997 does not regulate termination of employment a. True b. False 2.24 Mr Malatji belongs to the company pension fund. As per fund rules, the contributions are based on 15% of salary/hourly wage and 20% of any commission earned. Mr Malatji contributes 15% towards the fund and the company contributes 12%. His basic salary is R25 000 and he earned R12 572.50 in commission. What is the value of Mr Malatji's contribution towards the pension employee deductions? Show all working a. 761.90 b. 942.65 C 939.58 d. 956 30 2. May bong to the company providert und Alpe the funds, the contribution are buudan 3 of the basic ly hourly wage and 20% of any weekly not warned Proyed with cancerned Whatishe came at the company can butions tandir Pey's provident tund? Show 2. The code for work 200. 2.27 Anglo recitalowance Gwynek and solid marta an busine. How much is the fringe baie a 2.2 Eingly pension Fund contribution - Englisye pension and contributions qui som 2. Who want to a person, you can select the procession 2.20 finalising is valid for 270 day Question 2 Marks Mr Malati is a weekly employee. He is 44 years old and has 1 beneficiary on his medical aid including himself. There are 12 months, 52 weeks, and 26 fortnights in the current tax year. His medical aid contributions are made every week excluding the Sth week. Refer to the table below for Mr Malatji weekly processing and answer the questions below Description Hourly Wage Medical Aid Employer Medical Aid Employee Provident Fund Employee Provident Fund Employer Free/ Cheep services Annual Bonus PAYE Week One RS 690 RSOO R705 R415 R320 R300 Week Two RS 690 RSCO R705 R415 R320 R300 RIO 042 R975.08 2.1 What is the value of annualized remuneration for Mr Malatji? a. 321 975 b. 6 232.94 c. 315 900 d. None of the above 2.2 What is the value of Mr Malatj's PAYE for period 2 before deducting medical aid tax credits? a. 4210 b. 3803.10 c. 461222 d. 4 143.81 2.3 What is the total value of tax deductible deductions period one for Mr Malatji? a. 1470 b. 830 C. 640 d. None of the above 2.3 The value of the year to date fringe benefits for Mr Malatji is R1 470. a. True 2.4 The value of the annualized remuneration + irregular income for Mr Malati is R325 942. a. True b. False 2.5 The total value of the fringe benefits for Mir Malatji for week one is R1 120. a. True b. False 2.6 The following Ulf employment statuses are available in Sage Pastel Payroll and HRA Active, B Employer's Insolvency, Maternity/Adoption leave, Retrenched, Transfer to another branch, F Business death of domestic employer, H Voluntary severance package a. True b. False 2.7 Certain deductions may be deducted from the employees remuneration before tax is calculated. These tax deductible deductions are limited by statutory regulation a. True b. False 2.8 The employee works 7 hours on a public holiday which falls on a Saturday, a day on which the employee would not ordinary work. Select the correct option for how the employee should be paid a. The employee should not be paid anything, b. Double the normal wage. c. Only the wage for the hours worked as on a normal day d. The normal wage for that day plus the amount earned for that day. 2.9 During an employee's first sick leave cycle an employer may not reduce the employee sickleave entitlement by the number of sick leave days taken in the first six months. a. True b. False 2.10 Factors that influence the tax calculation include (state all that apply): L Tax year start date I. Employee age Employee start date iv. Type of income v. Pension fund employee contribution vi. Mental status a. (0.410. (vM b. 0.01).(I), (M). (v. (vi) c. 0.00). (1). Ovl.lv) d. 0.01). (1). (v. (vi) 2.11 According to the Income Tax Act, "Taxable Earnings includes the following: a. Salary b. Commission c. Overtime d. All of the above 2.12 The Basic Condition of Employment act is applicable to any given situation with no exceptions. a. True b. False 2.13 UIF contributions are decreased with tax deductible deductions such as pension fund and retirement annuity contributions a. True b. False 2.14 Overtime of a regular nature must be included in the OID returns of earnings. a. True b. False 2.15 A cellphone allowance for a sales consultant, as a payment to enable work to take place, must be included in the remuneration a. True b. False 2.16 Lumpsums from pension and retirement annuities must be calculated in the calculation of skills development levies. a. True b. False 2.17 What is the ID ceiling limit for 2019/2020? a. 458 520 b. 403 501 C 377 098 d. 390 097 2.18 According to the BCEA, an employee is entitled to one week for every completed year of continuous service in order to calculate severance pay. a. True b. False 2.19 The purpose of the employment equity is to promote equally opportunities and fair treatment in employment through the elimination of unfair discrimination. a. True b. False 2.20 Commission is always excluded when calculating UIF. a. True b. False 2.21 The term "wage" can be defined as "any payment in money or in kind, or both in money or in kind, or owing to any person, in return for that person working for any other person a. True b. False 2.22 Any amount paid for work done is part of remuneration. a. True b. False 2.23 The Basic Conditions of Employment Act 75 of 1997 does not regulate termination of employment a. True b. False 2.24 Mr Malatji belongs to the company pension fund. As per fund rules, the contributions are based on 15% of salary/hourly wage and 20% of any commission earned. Mr Malatji contributes 15% towards the fund and the company contributes 12%. His basic salary is R25 000 and he earned R12 572.50 in commission. What is the value of Mr Malatji's contribution towards the pension employee deductions? Show all working a. 761.90 b. 942.65 C 939.58 d. 956 30 2. May bong to the company providert und Alpe the funds, the contribution are buudan 3 of the basic ly hourly wage and 20% of any weekly not warned Proyed with cancerned Whatishe came at the company can butions tandir Pey's provident tund? Show 2. The code for work 200. 2.27 Anglo recitalowance Gwynek and solid marta an busine. How much is the fringe baie a 2.2 Eingly pension Fund contribution - Englisye pension and contributions qui som 2. Who want to a person, you can select the procession 2.20 finalising is valid for 270 day

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