O-LevelAccountingAccounting procedures7707/12 · Oct/Nov 2012 · Q281 Mark

Which are statutory deductions from an employee's gross pay?

Aincome tax and social security contributions

Bincome tax and subscription to trade union

Csocial security contributions and donation to charity

Dsubscription to trade union and donation to charity

✓ Correct answer

A: income tax and social security contributions

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2012 Paper 1 Variant 2, question 28.

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