Question
Ms. Baaba was employed by Ghana Education Service on a salary scale of Gh$30,000 by Gh$5,000 to Gh$60,000 per annum on 1st September 2012. She
Ms. Baaba was employed by Ghana Education Service on a salary scale of Gh$30,000 by Gh$5,000 to Gh$60,000 per annum on 1st September 2012. She contributed 5.5% to SSF. She also enjoys a professional allowance of 15% of her salary. Determine her chargeable income and tax liability for the year 2017?
Step by Step Solution
3.41 Rating (154 Votes )
There are 3 Steps involved in it
Step: 1
Particulars Calculation Amount Basic salary 60000 Add Professional all...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App