a) During the 2019 charge year, Mr Muyunda earned emoluments and grants as presented in the table below. ZMW Basic pay Housing allowance Funeral grant 168,000 30,000 45,000 Medical allowance 12,000 Labour day award 72,000 Total 327,000 Required Compute the PAYE payable by Mr Muyunda for the 2019 charge year.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Need asap 

QUESTION THREE
a) During the 2019 charge year, Mr Muyunda earned emoluments and grants as
presented in the table below.
ZMW
Basic pay
168,000
Housing allowance
Funeral grant
30,000
45,000
Medical allowance
12,000
Labour day award
72,000
Total
327,000
Required
Compute the PAYE payable by Mr Muyunda for the 2019 charge year.
Transcribed Image Text:QUESTION THREE a) During the 2019 charge year, Mr Muyunda earned emoluments and grants as presented in the table below. ZMW Basic pay 168,000 Housing allowance Funeral grant 30,000 45,000 Medical allowance 12,000 Labour day award 72,000 Total 327,000 Required Compute the PAYE payable by Mr Muyunda for the 2019 charge year.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Procedural Coding: CPT and HCPCS
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education