Question 208 marks 21 One of the maior sources of revenue for the govemment is personal income tax. The tax lable for \( 2021 / 2022 \) is given on ANNEXURE B. Lasego. a \( 5 T \)-year-old gentleman, received an average monthly taxable income of R+6 308,50 for the \( 2017 / 2018 \) tax year and he is not a member of a medical aid scheme. 21. W-ie the tax bracket for Lesego. (2) 21.2 Determine how much tax (tax payable) Lesego has to pay every month. (6)

For the 2017/2018 tax year, Lesego's monthly taxable income is R6,308.50, which translates to an annual income of R75,702. To find his tax bracket, we can refer to the tax tables for that year. Generally, individuals earning between R70,700 and R110,000 were typically taxed at a higher rate. Since Lesego falls within this range, he is in the middle tax bracket suitable for his income level. Next, to calculate how much tax Lesego has to pay monthly, we can apply the relevant tax rates. For annual incomes between R70,700 and R110,000, the tax payable could be a marginal rate plus a base tax amount. In the 2017/2018 tax year, for the income above R70,700, there’s a formula involving a fixed amount plus a percentage of the amount over the threshold. By plugging in the numbers, we can determine his monthly tax payable. Be sure to keep in mind any tax thresholds and any rebates available for individual taxpayers.