JAMB 2024 Whatsapp Group - Join us here
JAMB CBT 2024 - Candidates, Schools, Centres, Resellers - Get Ready!

A married man who has five children under 16 years of age works with an...

A married man who has five children under 16 years of age works with an oil company and earns
₦200 000 per annum. He is allowed the following tax-free allowance: 10% of his annual salary,
₦3000.00 per annum as a married man, ₦2000.00 per child per annum up to a maximum of 4
children, ₦5000.00 per annum for a life insurance policy. Income tax is charged on the remainder
as follows: On the first ₦50 000, 10kobo per naira, on the next ₦50 000, 20kobo per naira, on the
rest, 25kobo per naira. Calculate his average monthly tax, to the nearest kobo.?

JAMB CBT Software 2024 - Free Download
JAMB CBT 2024 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Mobile App 2024 - Free Download
JAMB 2024 Whatsapp Group - Join us here
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
To get notifications when anyone posts a new answer to this question,
Follow New Answers

Post an Answer

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
JAMB CBT Software 2024 - Free Download
JAMB CBT Mobile App 2024 - Free Download
JAMB CBT 2024 - Candidates, Schools, Centres, Resellers - Get Ready!
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
JAMB 2024 Whatsapp Group - Join us here

Answers ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}
Ask Your Own Question

Quick Questions

See More Afe Babalola University Questions
 
JAMB 2024 Whatsapp Group - Join us here
JAMB CBT Software 2024 - Free Download
JAMB CBT 2024 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Mobile App 2024 - Free Download
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
JAMB CBT 2024 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB 2024 Whatsapp Group - Join us here
JAMB CBT Software 2024 - Free Download
JAMB CBT Mobile App 2024 - Free Download