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    Sample Tax Computation Rev.1

    Uploaded by

    Anthony Lacastesantos
    This document contains payroll information for an employee's new and old salary. For the new salary, the employee's half month salary is $37,207, bonus payroll is $74,414, and deductions are $2,828.04. The net taxable income is $34,378.96 and total payroll period income is $108,792.96. Tax computations were done for A, B, and C. The final monthly salary for the new salary is $64,284.21. The old salary information is also provided for comparison.

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    Sample Tax Computation Rev.1

    Uploaded by

    Anthony Lacastesantos
    10 views4 pages
    This document contains payroll information for an employee's new and old salary. For the new salary, the employee's half month salary is $37,207, bonus payroll is $74,414, and deductions are $2,828.04. The net taxable income is $34,378.96 and total payroll period income is $108,792.96. Tax computations were done for A, B, and C. The final monthly salary for the new salary is $64,284.21. The old salary information is also provided for comparison.

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    Sample Tax Computation rev.1

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    This document contains payroll information for an employee's new and old salary. For the new salary, the employee's half month salary is $37,207, bonus payroll is $74,414, and deductions are $2,828.04. The net taxable income is $34,378.96 and total payroll period income is $108,792.96. Tax computations were done for A, B, and C. The final monthly salary for the new salary is $64,284.21. The old salary information is also provided for comparison.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    10 views4 pages

    Sample Tax Computation Rev.1

    Uploaded by

    Anthony Lacastesantos
    This document contains payroll information for an employee's new and old salary. For the new salary, the employee's half month salary is $37,207, bonus payroll is $74,414, and deductions are $2,828.04. The net taxable income is $34,378.96 and total payroll period income is $108,792.96. Tax computations were done for A, B, and C. The final monthly salary for the new salary is $64,284.21. The old salary information is also provided for comparison.

    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 4

    New Salary

    Half Month Salary 37,207.00


    Bonus Payroll (14th Month Pay) 74,414.00
    HDMF, PhilH., SSS, MPF 2,828.04
    Rice Allowance 2,000.00
    Net Taxable Income 34,378.96

    Payroll Period Total Taxable Income


    108,792.96
    (Bonus Payroll+Net Taxable Income)

    Computation For A 23,135.69

    Computation For B 13,833.94

    Computation For C 9,301.75

    Final 1st Half Month Salary 29,728.09

    Final 2nd Half Month Salary 32,556.13

    Final Monthly Salary 64,284.21


    Old Salary
    Half Month Salary 34,451.00
    Bonus Payroll (14th Month Pay) 68,902.00
    HDMF, PhilH., SSS, MPF 2,828.04
    Rice Allowance 2,000.00
    Net Taxable Income 31,622.96

    Payroll Period Total Taxable Income


    100,524.96
    (Bonus Payroll+Net Taxable Income)

    Computation For A 21,068.69

    Computation For B 12,455.94

    Computation For C 8,612.75

    Final Half Month Salary 27,316.59

    Final 2nd Half Month Salary 30,144.63

    Final Monthly Salary 59,461.21

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