Question 2 Precious is a 40 year old temporary worker at ABC trading. She earns R5 500 per month. Use the table below to answer the questions that follow: TAX TABLE 2019/2020 2.1 1. 2 3 4. 5 6 Taxable income (R) 0-195 850 195 851-305 850 305 851-423 300 423 301-555 600 555 601-708 310 708 311-1 500 000 Tax Rebate 2019/2020 Primary (younger than 65 years) Secondary (65 years and older) Tertiary (75 years and older) Tax Thresholds Person Younger than 65 years 65 years and older 75 years and older 18% of taxable income 35 253 +26% of taxable income above 195 850 63 853 +31% of taxable income above 305 850 100 263 +36% of taxable income above 423 300 147 891 +39% of taxable income above 555 600 207 448 + 41% of taxable income above 708 310 R14 220 R7 794 R2 601 2019/2020 Rates of tax (R) R79 000 R122 300 R136 750 Determine, by means of calculations, whether she qualifies to pay tax. (3)​

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