Mathematics, 03.08.2021 01:00 xXCoryxKenshinXx

A worker is given a tax-free allowance of GH¢5,000.00 and he pays 20 pesewas in the Ghana cedi as tax on the rest of his income. If his net income is GH¢21,000.00, calculate the: (i) taxable income; (ii) income tax.

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A worker is given a tax-free allowance of GH¢5,000.00 and he pays 20 pesewas in the Ghana cedi as tax on the rest of his income. If his net income is GH¢21,000.00, calculate the: (i) taxable income; (ii) income tax.​

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Another question on Mathematics

A worker is given a tax-free allowance of GH¢5,000.00 and he pays 20 pesewas in the Ghana cedi as tax on the rest of his income. If his net income is GH¢21,000.00, calculate the: (i) taxable income; (ii) income tax.