What impact does an increase in employees salary have on his tax payable

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asked Apr 14, 2024 22.4k views

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Lijinma · Answer 1 · 2024-04-17T16:08:32+0000

Answer:

they will have to pay more money in taxes since they have more money.

Step-by-step explanation:

Well from what I know already the amount of money that someone makes will depend on how much they have to pay for payable taxes, and this means that if they get an increased salary earning, they then have to pay more tax money.

What impact does an increase in employees salary have on his tax payable

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What impact does an increase in employees salary have on his tax payable