ETAR - 5MUS - Graduating Students

For graduating students:

Taxation report.

Prepare 1 Powerpoint showing an example on how to compute for income tax given the following situation.

You are living the profession that you trained for in the Conservatory of Music.

What will your average salary be in a month?

What will your monthly withholding tax be if you are married with 5 kids (considering that the husband is the head of the family)?

The powerpoint should show the entire process on how the withholding tax is computed.

Be ready to explain it in class either on the 19th or 24th of April.

Marks will be given for:

Justified average salary 5pts
Correct withholding tax 5
Both sets of deductions are present 10
Explained the deductions 10
Clear powerpoint 5
No reading of notes 5

Music of the Revolution

Read on the importance of Agrarian Reform (last two chapters of the textbook).

Be ready to perform a song on revolutions, or the importance of agriculture, or the rural life, and explain the relevance of the song as to why Agrarian reform is important.

Marks will be given for:

Performance preparedness 10
Clear explanation 5
Importance of agrarian reform 5
Relevance of song to topic 5


Short Quiz

Be ready for a short quiz (15 items) on Theory of Costs, Market Structures and Taxation.