WorksheetsPayroll taxes and contributions
Total questions: 5
Worksheet time: 5mins
Thomas Black receives a gross salary of $300,000.00 for the month of April 2021. He contributed 4% to an approved pension scheme.
Calculate his allowable deductions.
$19,500
$12,000
$7,500
$12,500
Thomas Black gross salary is $300,000.00 for the month of April 2021 and his allowable deductions are $19,500.
Calculate his Statutory Income
$290,000
$280,000
$300,000
$280,500
After deducting allowable deduction Thomas Black has statutory income of $280,500 for the month of April 2021.
Calculate his Eduation Tax payable
$6,310
$6,300
$6,311.25
$6,500
Thomas Black gross salary was $300,000.00 for the month of April 2021.
Calculate his National Housing Trust contributions
$19,500
$6,000
$7,500
$12,000
If Mr Black's gross salary was $300,000.00 for the month of April 2021 and his total deduction is $70,684.25.
Calculate his net pay
$225,000.55
$229,315.75
$220,320.25
$202,500
