Question
mr allen has a wife and 3 kids,his salary for 2007 was 7500 per month
He has a husband allowance of $10,000
a wife allowance $5000
each child allowance $2500
22% of the taxable income
Taxable income =Annual Salary-Total allowances
1)Calculate Mr Allens income tax for 2007
2)what % of Mr Allen's annual salary was paid in come tax?
He has a husband allowance of $10,000
a wife allowance $5000
each child allowance $2500
22% of the taxable income
Taxable income =Annual Salary-Total allowances
1)Calculate Mr Allens income tax for 2007
2)what % of Mr Allen's annual salary was paid in come tax?
Answers
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