3.3 Calculate Ms. N. Zama's net salary for the week. The following information is in respect of Ms.N. Zama, an employee of Ultra Clothing for the week ending 29 October 2016. No. of hours worked: Normal time 45 hours Overtime: 3 hours Wage rate: Normal time R40 per hour Overtime R60 per hour Details Deductions Contributions Income Tax: PAYE 15% of taxable income Nil Pension Fund 8% of normal wages Rand for Rand basis Medical Fund R200 R150 UIF Fund 1% of normal wages Rand for Rand basis

3.3 Calculate Ms. N. Zama's net salary for the week. The following information is in respect of Ms.N. Zama, an employee of Ultra Clothing for the week ending 29 October 2016. No. of hours worked: Normal time 45 hours Overtime: 3 hours Wage rate: Normal time R40 per hour Overtime R60 per hour Details Deductions Contributions Income Tax: PAYE 15% of taxable income Nil Pension Fund 8% of normal wages Rand for Rand basis Medical Fund R200 R150 UIF Fund 1% of normal wages Rand for Rand basis

College Accounting (Book Only): A Career Approach

12th Edition

ISBN:9781305084087

Author:Cathy J. Scott

Publisher:Cathy J. Scott

Chapter8: Employer Taxes, Payments, And Reports

Section: Chapter Questions

Problem 4E

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