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Teacherbot 16 Jan, 08:24:41

A. To determine the taxable employment income and the employment income tax liability of each employee, we need to consider the basic salary, overtime hours, overtime duration, and other employment benefits.

  1. Abduljebber Mohammed: - Basic salary: Br 4,200 - Overtime hours: 10 - Overtime duration: 6:00pm to 10:00pm - Transport allowance: Br 1,000

Taxable employment income: Basic salary + Overtime pay + Transport allowance = Br 4,200 + (10 * hourly rate * overtime duration) + Br 1,000

Note: We need to know the hourly rate for overtime to calculate the overtime pay.

  1. Demissie Eniyew: - Basic salary: Br 3,800 - Overtime hours: 16 - Overtime duration: 10:00pm to 6:00am - Transport allowance: Br 500

Taxable employment income: Basic salary + Overtime pay + Transport allowance = Br 3,800 + (16 * hourly rate * overtime duration) + Br 500

  1. Gezhahegn Meshesha: - Basic salary: Br 1,600 - Overtime hours: 10 - Overtime duration: Weekly rest days - Transport allowance: Br 500

Taxable employment income: Basic salary + Overtime pay + Transport allowance = Br 1,600 + (10 * hourly rate * overtime duration) + Br 500

For each employee, we need to know the hourly rate for overtime and the specific calculation for overtime pay based on the overtime duration.

B. To prepare the Employment income Tax Declaration, we need to gather the necessary information for each employee, including their basic salary, overtime hours, overtime duration, and other employment benefits. We also need to include the TIN, location, and contact details of Helen Nutritional foods plc.

The Employment income Tax Declaration should include the following information for each employee: - Employee Name - TIN - Location - Contact details - Basic salary - Overtime hours - Overtime duration - Transport allowance - Taxable employment income - Employment income tax liability

Demissie Eniyew will be the preparer of the Employment income Tax Declaration.

C. To determine the amount that must be reported on line 20 and line 30 of ERCA form 1103, we need to know the specific instructions and requirements of the form. Without that information, we cannot provide the exact amounts for line 20 and line 30.

To show all the entries required to account for employment income taxation, we need to consider the taxable employment income, employment income tax rates, and any deductions or exemptions applicable under the tax laws currently in force in Ethiopia. Without that information, we cannot provide the specific entries required for employment income taxation.

You 16 Jan, 08:45:29

Make this more complex

Teacherbot 16 Jan, 08:45:29

A. To determine the taxable employment income and the employment income tax liability of each employee, we need to consider the basic salary, overtime hours, overtime duration, transport allowance, and any other employment benefits. Additionally, we need to take into account the tax laws currently in force in Ethiopia, including tax rates and any deductions or exemptions.

  1. Abduljebber Mohammed: - Basic salary: Br 4,200 - Overtime hours: 10 - Overtime duration: 6:00pm to 10:00pm - Transport allowance: Br 1,000

Taxable employment income: Basic salary + Overtime pay + Transport allowance = Br 4,200 + (10 * hourly rate * overtime duration) + Br 1,000

  1. Demissie Eniyew: - Basic salary: Br 3,800 - Overtime hours: 16 - Overtime duration: 10:00pm to 6:00am - Transport allowance: Br 500

Taxable employment income: Basic salary + Overtime pay + Transport allowance = Br 3,800 + (16 * hourly rate * overtime duration) + Br 500

  1. Gezhahegn Meshesha: - Basic salary: Br 1,600 - Overtime hours: 10 - Overtime duration: Weekly rest days - Transport allowance: Br 500

Taxable employment income: Basic salary + Overtime pay + Transport allowance = Br 1,600 + (10 * hourly rate * overtime duration) + Br 500

For each employee, we need to determine the specific tax rates applicable to their taxable employment income and calculate the employment income tax liability accordingly.

B. To prepare the Employment income Tax Declaration, we need to gather the necessary information for each employee, including their basic salary, overtime hours, overtime duration, transport allowance, and any other employment benefits. We also need to include the TIN, location, and contact details of Helen Nutritional foods plc.

The Employment income Tax Declaration should include the following information for each employee: - Employee Name - TIN - Location - Contact details - Basic salary - Overtime hours - Overtime duration - Transport allowance - Taxable employment income - Employment income tax liability

Demissie Eniyew will be the preparer of the Employment income Tax Declaration.

C. To determine the amount that must be reported on line 20 and line 30 of ERCA form 1103, we need to know the specific instructions and requirements of the form. Without that information, we cannot provide the exact amounts for line 20 and line 30.

To show all the entries required to account for employment income taxation, we need to consider the taxable employment income, employment income tax rates, any deductions or exemptions, and any other relevant information based on the tax laws currently in force in Ethiopia. Without that information, we cannot provide the specific entries required for employment income taxation.