Exam (elaborations)
Section 2.6) Tax and Retirement Planning exam(fully solved).
- Course
- Institution
Types of income 1. Employment (taxed on gross receipt basis) 2. Capital/Property Income (stocks, bonds, mutual funds.. dividends and interest) 3. Business Income (from rendered services) 4. Capital gains and losses Calculating Income Tax Payable On first 43,561 x 15% On portion over 43...
[Show more]