Posted by: Pdfprep
Post Date: June 3, 2021
CORRECT TEXT
Your organization paid $120250 in net wages to its employees during the year.
Employees’ tax and national insurance amounted to $32000 and employers national insurance was $11000. Employees had contributed $6250 to a superannuation scheme.
The amount to be charged against profits for the year, in respect of wages is
Answer: $169506
Leave a Reply