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Use the information above to answer the questions that follow. 2 . 1 Explain the difference between Monthly Salary and Annual Salary. ( 4 )

Use the information above to answer the questions that follow.
2.1 Explain the difference between Monthly Salary and Annual Salary.
(4)
2.2 Write down two Non-Taxable incomes for the Personal Income Tax.
(4)
23 Write down the formula on how to calculate the Taxable Income.
(2)
4
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