Book1 - $12,611.00 Rental allowance $14,400.00 Less...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
TAXATION I ASSIGNMENT 1 P165 Problem 15 a. computation of employment income Reference Gross salary $115,000.00 Ssec. 5(1) Bonus $12,500.00 Travel allowance $600.00 Standby charge $25,211.00 Operating benefit
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $12,611.00 Rental allowance $14,400.00 Less reimbursement to company $3,600.00 Imputed interest $1,597.81 Less: RPP contributions $5,000.00 Automobile expenses $9,711.75 4540.5...
View Full Document

Ask a homework question - tutors are online