Use the salary advice and the tax table ABOVE to answer the following questions. 7.1 Determine the values of A, B and C on his salary advice.
(6)
7.2
Use calculations to show how the value of R61 296 on the tax table for the
third tax rate, was derived.
(3)
7.3 Mr Bush complained, that even though his housing allowance is taxable, he
still believes he is overtaxed on a monthly basis. Use calculations to verify
his statement.
Taxable Income = Annual Gross Salary - Annual Pension Fund
contribution
Tax Payable = Annual Tax Payable - Annual Medical Tax Credits -
Rebate
(11)​