SOLUTION: Below is a payslip of Sarah who is the receptionist at slinky feet beauty salon Payslip Banking details:Strongest Bank Employees name : Sarah Pointe Che

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Question 1207321: Below is a payslip of Sarah who is the receptionist at slinky feet beauty salon
Payslip Banking details:Strongest Bank
Employees name : Sarah Pointe Cheque account : 10234567234
Job title : Receptionist Date: 2024-01-03
Pay month: March 2024

Basic monthly pay R5670.00 Income R6540.00
Overtime:
3 hours R870.00 Taxable income R5533.33
PAYE R996.00
UIF R65.40
Total deduction R1061.40
Gross pay R6540.00 Net Pay R5478.60
1. Sarah's taxable income is less than her income.This because there is a tax rebate of R12080.00 for the year. Show that the tax rebate is R1006.67 for the months


Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.

A year is 12 months.


Tax rebate of R12080.00 for the year is  12080%2F12 = 1006.67 for a month (rounded to the closest cent).

At this point, the question is answered, the explanation is complete and the problem is solved.