Njabulo is a 72 year old accountant at an accounting firm.He earns a taxable income of R58 470 per month and 13th cheque (bonus).He contributes 7.5% of his basic salary towards pension fund.He contributes towards medical aid,where his wife and three daughters are covered.H e also contributes towards UIF.He donated R46500 per annum to pet shelter.Determine Njabulo's notch salary.

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter9: Deduct Ions: Employee And Self-employed - Related Expenses
Section: Chapter Questions
Problem 38P
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Njabulo is a 72 year old accountant at an accounting firm.He earns a taxable income of R58 470 per month and 13th cheque (bonus).He contributes 7.5% of his basic salary towards pension fund.He contributes towards medical aid,where his wife and three daughters are covered.H

e also contributes towards UIF.He donated R46500 per

annum to pet

shelter.Determine Njabulo's

notch salary.

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