A man is allowed the following tax relief;
personal allowance=12½% of basic salary.
wife allowance=...
A man is allowed the following tax relief;
personal allowance=12½% of basic salary.
wife allowance=...
A man is allowed the following tax relief;
personal allowance=12½% of basic salary.
wife allowance= 10% of basic salary
Children allowance= 5000naira per child up to a maximum of 4 children.
aged parent= 10,000 naira for only one.
Dependant relative= 10% up to maximum of 2 relatives.
A married man with 5 children has an aged father and two relatives. if the man's basic salary is 850,000 naira per annum and tax is calculated at the rate of 15% find the man's
1. taxable income per annum
2. monthly income
3. monthly pay.?
4 Answers Available
Asked by Drslime on 17th June, 2022
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