Cally earns an amount that is above the tax threshold. So yet again that means that she has to pay tax hence the calculations for the total tax payable.
You are confused my love, you need to determine in which tax bracket the income of R350 000 falls in and you can see that it falls within the third tax bracket, then you take it from there. Please rewatch the video again and try to follow the steps slowly 🙏🏾🫂
Thank you mam I’m just confused on the original amount which is 350 000 just the first step Sir told us you subtract with the amount at the first column on taxable amount so it’s 350 000-305 851 but I think I’m just confused 😅
Good day, in the case that the person is above 65 years old and qualifies for the secondary rebate. When doing the calculation and subtractions do you include both the primary rebate and secondary, or just the secondary?
In this video tutorial, I answer that question for you so nicely please watch it for me, and tell me if you are still lost. Follow the link ua-cam.com/video/Ewccl2QLwnc/v-deo.htmlsi=vAIidH0ZxncSPqFr
The question will be clear. You will have a rebates table or given information on how to calculate rebates. In terms of tax threshold I was merely explaining what it means and I also gave possible questions to help you understand how that concept might be accessed. Also done a video tutorial that had an exam question that required you to understand what a rebate is. Moral of the story if there is nothing in the question that talks about tax threshold then don't worry about it. This was merely for the purpose of if you get a question that talks about tax threshold then youd be able to tackle it because you would know what it means
Cally earns an amount that is above the tax threshold. So yet again that means that she has to pay tax hence the calculations for the total tax payable.
Hi lee your videos really helps alot thank you❤
Hi Bonolo I'm super happy that you are finding the videos helpful. Thank you soo much for watching❤️❤️💕🌸☺️
You are confused my love, you need to determine in which tax bracket the income of R350 000 falls in and you can see that it falls within the third tax bracket, then you take it from there. Please rewatch the video again and try to follow the steps slowly 🙏🏾🫂
Thank you mam I’m just confused on the original amount which is 350 000 just the first step Sir told us you subtract with the amount at the first column on taxable amount so it’s 350 000-305 851 but I think I’m just confused 😅
Good day, in the case that the person is above 65 years old and qualifies for the secondary rebate. When doing the calculation and subtractions do you include both the primary rebate and secondary, or just the secondary?
In this video tutorial, I answer that question for you so nicely please watch it for me, and tell me if you are still lost. Follow the link ua-cam.com/video/Ewccl2QLwnc/v-deo.htmlsi=vAIidH0ZxncSPqFr
Yearly don't you divide
Mam when will you do videos of 2022 maths lit paper 1 & 2??
Are you talking about November 2022?
@@distancelearningwithlee Yes mam
@@faithmalefane7323 I'll start this weekend
@@distancelearningwithlee Thank you mam I appreciate it❤
Mam when do you use tax threshold and tax rebate coz I am still lost
The question will be clear.
You will have a rebates table or given information on how to calculate rebates.
In terms of tax threshold I was merely explaining what it means and I also gave possible questions to help you understand how that concept might be accessed.
Also done a video tutorial that had an exam question that required you to understand what a rebate is.
Moral of the story if there is nothing in the question that talks about tax threshold then don't worry about it. This was merely for the purpose of if you get a question that talks about tax threshold then youd be able to tackle it because you would know what it means
Hi mam aren't we suppose to divide because the question says monthly?
Did you watch the whole video?🫠
@distancelearningwithlee I didn't finish it because mam I am not used to the way you calculate like in steps
Ok
@@distancelearningwithlee can I ask something 🤔?
Sure, what's up?