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Ms. Lovely See has an annual salary of 2,985, 640. Where 30% of the amount are benefits that she has received for the year and
Ms. Lovely See has an annual salary of 2,985, 640. Where 30% of the amount are benefits that she has received for the year and the remaining is her basic salary. She also has another source of income which earned her 765,900 for the year. a. Compute the tax that she will pay to the government considering that she needs to pay for her compulsory contributions. b. Assume that she is a voluntary member. How much will she pay in terms of her compulsory contributions? How much is her income tax?
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