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  • MC8 Allowances T

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    sivaji_ss
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    The document contains a table showing tax allowances based on income levels. It lists allowances from $1 to $6 across the top and income levels from $0 to $700 down the left side. The intersections of the rows and columns show the corresponding tax allowance amount. It also contains instructions to find the tax value for an income of $300 and an allowance of $3 by computing their relative positions in the table.

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    MC8_Allowances_T.xlsx

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    The document contains a table showing tax allowances based on income levels. It lists allowances from $1 to $6 across the top and income levels from $0 to $700 down the left side. The intersections of the rows and columns show the corresponding tax allowance amount. It also contains instructions to find the tax value for an income of $300 and an allowance of $3 by computing their relative positions in the table.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    9 views1 page

    MC8 Allowances T

    Uploaded by

    sivaji_ss
    The document contains a table showing tax allowances based on income levels. It lists allowances from $1 to $6 across the top and income levels from $0 to $700 down the left side. The intersections of the rows and columns show the corresponding tax allowance amount. It also contains instructions to find the tax value for an income of $300 and an allowance of $3 by computing their relative positions in the table.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    1 Allowances

    0 1 2 3 4 5
    0 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00
    100 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00
    200 $8.00 $7.00 $6.00 $5.00 $4.00 $3.00
    Income

    300 $9.00 $8.00 $7.00 $6.00 $5.00 $4.00


    400 $10.00 $9.00 $8.00 $7.00 $6.00 $5.00
    500 $11.00 $10.00 $9.00 $8.00 $7.00 $6.00
    600 $12.00 $11.00 $10.00 $9.00 $8.00 $7.00
    700 $13.00 $12.00 $11.00 $10.00 $9.00 $8.00

    Tax values which are 2nd row position and 3rd column position of these subcollections

    1ST 1
    2ND 2

    Computer the relative position of invcome 3


    compute the relative posn of an allowance value of 3 4

    INCOME
    ALLOWANCE VALUE
    TAX BASIS

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