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LSB2605 ASSIGNMENT 1.
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LSB2605 ASSIGNMENT 1.
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LSB2605 ASSIGNMENT 1GUARANTEED A+
UNISA
, Question 1 Zelda is employed by Speedy Couriers (Pty) Ltd as a delivery
driver earning R15,000 per month. Speedy Couriers employs a total of ten
delivery drivers and five administrative personnel.
1.1) As what type of legal entity is Speedy Couriers (Pty) Ltd registered? (1)
Based on the information provided, the legal entity that Speedy Couriers (Pty) Ltd is
registered as is a private company. The "Pty" in the name indicates that it's a
proprietary limited company, which is a common type of legal entity in many
jurisdictions.
1.2) Is Speedy Couriers required to register for the skills development levy?
Assuming that Speedy Couriers must register, what would its total annual
payment be if all delivery drivers were paid the same and the administrative
assistants are each paid R10,000 per month? (12) One day, while making a
delivery, she slips and falls in a customer's driveway, injuring her back. Zelda
needs medical treatment and is unable to work for several weeks. She needs
an income during this time and approaches you for advice.
1.2) Yes, Speedy Couriers is likely required to register for the skills
development levy. The specific requirements can vary by jurisdiction, but in
many places, businesses with a certain level of annual payroll are required to
contribute to skills development through a skills development levy.
To calculate the total annual payment for the skills development levy, we
need to consider the total payroll for the company, which includes both the
delivery drivers and administrative assistants. Since all delivery drivers are
paid the same, and there are ten of them, their combined monthly salary
would be:
10 drivers * R15,000 per driver = R150,000 per month
The combined annual salary for the delivery drivers would then be:
R150,000 per month * 12 months = R1,800,000 per year
For the administrative assistants, each one is paid R10,000 per month, and
there are five of them. So, their combined annual salary would be:
5 assistants * R10,000 per assistant * 12 months = R600,000 per year
The total annual payroll for the company would be the sum of the salaries for
drivers and assistants:
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