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The East Indies Corporation has four employees. The following is the payroll spreadsheet for the month of May 2022 AKEIL HAYDEN SHAI POORAN INCOME Basic

The East Indies Corporation has four employees. The following is the payroll spreadsheet for the month of May 2022

AKEIL

HAYDEN

SHAI

POORAN

INCOME

Basic Pay

60,000

130,000

155,000

350,000

Overtime

18,000

30,000

0

0

Traveling

0

0

20,000

25,000

Housing Allowance

0

0

0

25,000

Material Aid and Supplies

22,000

0

0

0

Uniform

22,500

22,500

22,500

28,000

Commission

0

35,000

0

0

Protective Clothing

20,000

0

0

0

Entertainment Allowance

0

0

0

35,000

GROSS PAY

142,500

217,500

197,500

463,000

Total Taxable Pay

DEDUCTIONS

NIS

NHT

EDUCATION TAX

INCOME TAX

Pension

6,000

13,000

15,500

35,000

Union Dues

2,000

2,000

2,000

2,000

Health Insurance

1,500

1,500

1,500

1,500

Loan Repayment

0

0

25,000

65,000

Total Deductions

NET PAY

Required

  1. Complete the payroll for the month ( 28 marks )

  1. Define the term statutory deductions and briefly explain the benefits of the statutory deductions ( 5 marks )

  1. State two ways in which employers have taken steps to address occupational health and safety concerns in the organization ( 2 marks )

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