Exam (elaborations)
AUE3701 STUDY PACK.
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- Institution
AUE3701 STUDY PACK. 1 Introduction to taxation and calculation of net tax payable Gross income – Exempt income – Deductions = Taxable income Tax liability Tax per table – Rebate = Normal tax liability – Prepaid taxes = Net tax due/ (refundable) Page 1.1 Introduction .....
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