5. Michael Dawes is one of the franchise holders of Burger King Jamaica Limited. He has seven (07 full time employees, their salaries and allowances are listed below: Name Salary Bonus Total Emoluments Andrea Bromfield 3,500,000 500,000 4,000,000 Rettienella Johnson 6,000,000 450,000 6,450,000 Judy Samuels 1,500,000 500,000 2,000,000 Rahdica Samms 3,000,000 150,000 3,150,000 Suzette Bryant 1,850,000 100,000 1,950,000 Nakeita Evans 7,500,000 185,000 7,685,000 Shana Palmer 950,000 65,000 1,015,000 Required: Calculate the total income tax and statutory to be declared on Mr. Dawes SO2, showing clearly the contribution and statutory for each emplovee for 2021 Mr. Dawes also has 6 HEART Trainees

5. Michael Dawes is one of the franchise holders of Burger King Jamaica Limited. He has seven (07 full time employees, their salaries and allowances are listed below: Name Salary Bonus Total Emoluments Andrea Bromfield 3,500,000 500,000 4,000,000 Rettienella Johnson 6,000,000 450,000 6,450,000 Judy Samuels 1,500,000 500,000 2,000,000 Rahdica Samms 3,000,000 150,000 3,150,000 Suzette Bryant 1,850,000 100,000 1,950,000 Nakeita Evans 7,500,000 185,000 7,685,000 Shana Palmer 950,000 65,000 1,015,000 Required: Calculate the total income tax and statutory to be declared on Mr. Dawes SO2, showing clearly the contribution and statutory for each emplovee for 2021 Mr. Dawes also has 6 HEART Trainees

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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