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QUESTION 1.8 REQUIRED Answer the question by choosing the correct option. An employee earns a monthly salary of R10 000, contributes 7.5% of his gross
QUESTION 1.8 REQUIRED Answer the question by choosing the correct option. An employee earns a monthly salary of R10 000, contributes 7.5% of his gross remuneration to a provident fund and has to pay R1 500 income tax per month. Contributions to the UIF take place as per normal. What amount should the employee expect to receive as a deposit into his bank account at the end of each month? a. b. R7 452.56 R7 601.28 R7 550 R7 750 C. d. (2)
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