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Which of the following is NOT a benefit of pay-as-you-earn (PAYE) method of tax collection? Select one: a. It makes payment of tax easier for
Which of the following is NOT a benefit of pay-as-you-earn (PAYE) method of tax collection? Select one: a. It makes payment of tax easier for the tax payer as it is in instalments b. It improves government's cash flow as cash is received earlier c. It makes it easier for governments to forecast tax revenues d. It benefits the tax payer as it reduces the tax payable Question 5 Not yet answered In Country Y, A earns R75,000 profit for the year and receives a tax bill for R17,000. B earns R44,000 profit for the year and receives a tax bill for R4,800. Country Y s income tax could be said to be a: Select one: a. Regressive tax b. Proportional tax
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