- 5 Marks
PT – Nov 2023 – L2 – Q1b – Income Tax Liabilities
Compute tax payable for resident and non-resident individuals for the 2022 year of assessment.
Question
The information below relates to individuals who earned income in the 2022 year of assessment:
Resident individuals:
Mr. Agandi and Mr. Yonny are resident employees in Ghana. The chargeable income earned per annum by Mr. Agandi and Mr. Yonny amounts to GH¢300,000 and GH¢650,000 respectively.
Non-Resident individuals:
Mrs. Zindana and Mrs. Maleda are non-resident individuals. Mrs. Zindana and Mrs. Maleda have earned chargeable incomes to the tune of GH¢300,000 and GH¢650,000 per annum respectively.
Required:
Compute their respective taxes payable for the 2022 year of assessment.
Find Related Questions by Tags, levels, etc.
- Tags: Income Tax, Non-Resident Individuals, Resident Individuals, Tax computation
- Level: Level 2
- Topic: Income Tax Liabilities
- Series: NOV 2023
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