Income from salary Flashcards
1
Q
Define employee employer and employment?
A
Employee:any individual engaged in employment
Employer: any person who engages and remunerated an employee
Employment:
1: directorship or other office
2: position which gives the employee a fixed or ascertainable remuneration
3 : holding or acting in any public office
2
Q
When a salary treated to be received?
A
1:Actually received by the person
2 : applied on behalf at the instructions of the person or under any law
3: made available to the person.
3
Q
When salary chargeable ?
A
Any salary received by an employee