The table below shows income tax rates
|Monthly income||Tax Rate|
|Up to 9680||10|
|9681 – 18800 ||15|
|37041 and above ||30|
Omari’s monthly taxable income is Ksh. 24200
- Calculate the tax charged on Omari’s monthly earnings.
- Omari is entitled to the following tax relief of 15% of the premium paid.
Calculate the tax Omari pays each month if he pays a monthly insurance premium of Ksh. 2400
- During a certain month, Omari received additional earnings which were taxed at 20% each shilling. Given that he paid 36.3% more tax that month, calculate the percentage increase in his earning.