QUESTION 10 To assist pensioners with more than one source of income, legislation was introduced to make provision for SARS to determine a more accurate PAYE deduction amount, using the latest data available to SARS. Which of the following statements is incorrect? a. This only applies to pensioners. b. Pensioners have to apply to SARS for the PAYE deduction rate applying to them. c. The legislation came into effect on 1 March 2021. d. All of the above. e. None of the above.
QUESTION 10 To assist pensioners with more than one source of income, legislation was introduced to make provision for SARS to determine a more accurate PAYE deduction amount, using the latest data available to SARS. Which of the following statements is incorrect? a. This only applies to pensioners. b. Pensioners have to apply to SARS for the PAYE deduction rate applying to them. c. The legislation came into effect on 1 March 2021. d. All of the above. e. None of the above.
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter12: Liabilities: Off-balance-sheet Financing, Retirement Benefits, And Income Taxes
Section: Chapter Questions
Problem 21E
Related questions
Question
Give typing answer with explanation and conclusion
QUESTION 10
To assist pensioners with more than one source of income, legislation was introduced to make provision for SARS to determine a more accurate PAYE deduction amount, using the latest data available to SARS. Which of the following statements is incorrect?
a.
This only applies to pensioners.
b.
Pensioners have to apply to SARS for the PAYE deduction rate applying to them.
c.
The legislation came into effect on 1 March 2021.
d.
All of the above.
e.
None of the above.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning