Post Utme Bsu 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Bsu Commerce examination.

Post Utme Bsu 2017 Commerce Objective / Multiple Choice

Question 19 POST_UTME_BSU • 2017 • COMMERCE • objective

A sole trader is considering expanding their business by hiring employees. Which of the following is a correct statement about the tax implications of this decision?

A. The sole trader will be able to claim a tax deduction for the salaries paid to employees.

Correct Answer B. The sole trader will be required to pay PAYE on the salaries paid to employees.

C. The sole trader will be able to claim a tax credit for the salaries paid to employees.

D. The sole trader will not be required to pay tax on the salaries paid to employees.

Correct Answer

Correct Option:

The sole trader will be required to pay PAYE on the salaries paid to employees.

This is Post Utme Bsu 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Bsu Commerce examination.

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