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The table below shows the rates at which tax are levind in South Africa for It Vear 2 0 1 3 2 0 1 4
The table below shows the rates at which tax are levind in South Africa for It
Vear tax year Use the mformation in this table to answer the
questions that follow
March February
Mrs Mokwena is years old and she earns a taxable monthly income
amount of R during this financial year.
Use the information in the table to calculate her monthly tax
The following deductions are made from her monthly salary:
PAYE :ANSWER TO
UI.F : of the gross income
Pension Fund : of the gross income
Insurance R pm
Union membership fee : R pm
Calculate Mrs Mokwena's monthly net income.
Formula: Monthly net income Monthly gross Monthly Deductions
ind
maey tral se inerciont
The table below shows the average exchange rates of the South African Rand to
two other currencies. Use the table to answer the questions that follow:
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