Your income for a year is Tk. 26,000 . You receive a raise so that next year's income will be Tk. 29,000. How much more will you pay in taxes next year if the tax rate remains the same ?
Created: 5 years ago |
Updated: 3 years ago
best des
The difference in taxes is:
[1,070 + 0.07(29,000 - 25,000)] - [1,070 + 0.07(26,000 - 25,000)]
0.07(4,000) - 0.07(1,000)
0.07(3,000) = 210
Md Azizur Rahman
Founder of Satt
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