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An annual salary is $45000. His tax free allowances total $13000. He has to pay a tax of 20% on his taxable income. The tax payable is?

An annual salary is $45000. His tax free allowances total $13000. He has to pay a tax of 20% on his taxable income. The tax payable is?
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An annual salary is $45000. His tax free allowances total $13000. He has to pay a tax of 20% on his taxable income.

The tax payable is?

User Ehsan Zargar Ershadi
by
8.0k points

1 Answer

2 votes

Answer:

6400

Explanation:

Taxable amount=45000-13000=32000

tax=32000*20/100

=6400

User Nick Meldrum
by
8.0k points
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