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Calculation of Deductions - Wages Department
A range of deductions are complete from gross earnings when computing the net payment because of the employee, that deductions may be statutory or voluntary or obligatory in nature
- Statutory Deductions are pay like you earn or PAYE tax, and employees, pensions, national insurance contributions. The employer computes the amount because of, to be deducted utilizing the relevant rate in force and after that arranges to make a net payment in respect of each employee to the revenue authority.
- Obligatory Deductions are most likely to include payments to an approved pension fund. As an example of National Social Security Fund or NSSF. One time again it is likely that the employer will create a contribution in addition to the employee
- Voluntary Deductions include items like trade union subscription, charity contributions and deductions to saving schemes.
with relevant illustrations and examples, discuss the different overhead costing and control method.
#what is the formula for calculating payback period and what are its limitations ?
#question.what is defination.
Example of Methods of Allocating Service Costs Suppose the following data: User department Unit of Service Provided Costs Prior to Service Dep
1. You are required to download the latest annual report published by one of the following institutions: - Adult Multicultural Education Services - Centre for Adult Education
classsification of overheads
Q. Is there barely one way to conduct fca? Ans. No. It is significant for each area to put the FCA process in perception with its waste management goals. Every community w
Variable costs are the cost that are directly proportionate with the quantity of manufacture and or directly associated with the service.
Elite Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $300,000 cost with an expected four-year life a
West Industries is a highly decentralized corporation with independent operating divisions. Each division is evaluated and rewarded based on its total net income. One of the divisi
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