(a) A shop managerâ€™s annual gross salary is Â£29,400. A bonus of 3Â½% of the monthly gross salary is earned and paid in October. Deductions from salary in October are Income Tax and National Insurance. National Insurance deduction in October is 6Â¾% calculated on the total of monthly gross salary plus bonus. Income Tax deduction in October is Â£430.Calculate the managerâ€™s net salary for October.(b) A shop assistant is paid a basic wage of Â£6.40 per hour for 37 hours and one-and-a-half times basic wage for any additional hours worked in that week.In a particular week, the shop assistant worked 41 hours and also received a 2Â½% commission on sales of Â£2,600.Calculate the total of wages and commission earned by the shop assistant for that week.(c) The shop assistant is offered a similar job in Holland at a flat rate of â‚¬525 per week.Using a rate of exchange of â‚¬1.4 = Â£1, convert this to pounds sterling.
https://qualitywriters.org/wp-content/uploads/2019/11/logo-300x75.png 0 0 Paul https://qualitywriters.org/wp-content/uploads/2019/11/logo-300x75.png Paul2020-09-30 00:00:002021-07-03 03:03:45(a) A shop managerâ??s annual gross salary is Â£29,400. A bonus of 3Â½% of the monthly gross salary