The employment contract between Mr . X will receive a basic salary of Br 1,200 net of tax ( after the tax is deducted) and employer agreed to pay Br 310 tax to tax authority is the basic salary amount The normal working hours are 160 determine the TEI for the month of Nehassia and program assuming that Mr X worked 190 hours and all overtime work was done on employee rest day and transportation allowance of 2,800

Question

The employment contract between Mr . X will receive a basic salary of Br 1,200 net of tax ( after the tax is deducted) and employer agreed to pay Br 310 tax to tax authority is the basic salary amount The normal working hours are 160 determine the TEI for the month of Nehassia and program assuming that Mr X worked 190 hours and all overtime work was done on employee rest day and transportation allowance of 2,800

Answer 1

To determine the Total Earnings and Income (TEI) for the month of Nehassia, we need to consider the basic salary, overtime pay, and transportation allowance.

1. Basic Salary:
Mr. X's basic salary is Br 1,200 net of tax. This means he receives Br 1,200 after tax deductions.

2. Overtime Pay:
Mr. X worked 190 hours, and since the normal working hours are 160, he has 190 - 160 = 30 hours of overtime.
Overtime work done on an employee rest day usually has higher pay, so we need to calculate the overtime pay for these 30 hours.

Let's assume the overtime pay rate is 1.5 times the regular hourly wage.
Regular hourly wage = Basic salary / Normal working hours = Br 1,200 / 160 = Br 7.50 per hour

Overtime pay for rest day work = Overtime hours * Overtime pay rate
= 30 hours * (1.5 * regular hourly wage) = 30 * (1.5 * 7.50) = Br 337.50

3. Transportation Allowance:
Mr. X receives a transportation allowance of Br 2,800.

Now, let's calculate the Total Earnings and Income (TEI):
TEI = Basic Salary + Overtime Pay + Transportation Allowance
= Br 1,200 + Br 337.50 + Br 2,800
= Br 4,337.50

Answer 2

To determine the Total Employment Income (TEI) for the month of Nehassia, we need to consider the basic salary, overtime pay, and transportation allowance.

Step 1: Calculate the overtime pay:
As Mr. X worked 190 hours in total, we need to determine the total number of overtime hours worked.
Overtime hours = Total hours worked - Normal working hours
Overtime hours = 190 - 160
Overtime hours = 30

The overtime pay is usually calculated as 1.5 times the regular hourly rate. However, as the overtime was done on employee rest day, it is typically calculated as 2 times the regular hourly rate.

Step 2: Calculate the TEI for the basic salary:
TEI for the basic salary = Basic salary - Tax paid by the employer
TEI for the basic salary = Br 1,200 - Br 310
TEI for the basic salary = Br 890

Step 3: Calculate the TEI for the overtime pay:
TEI for the overtime pay = Overtime hours * 2 * Hourly rate

Since the hourly rate is not given, we cannot provide an exact calculation. However, if the hourly rate was Br X, then the TEI for the overtime pay would be:
TEI for the overtime pay = 30 * 2 * X

Step 4: Calculate the TEI for the transportation allowance:
TEI for the transportation allowance = Transportation allowance

Given that the transportation allowance is Br 2,800, the TEI for the transportation allowance would be:
TEI for the transportation allowance = Br 2,800

Step 5: Calculate the Total Employment Income (TEI):
TEI = TEI for the basic salary + TEI for the overtime pay + TEI for the transportation allowance

Again, since we don't have the exact hourly rate, the TEI for the overtime pay cannot be determined accurately. However, you can calculate the TEI by substituting the appropriate values in Step 5.