A person earns GHC 35,000 and is eligible for a tax relief of GHC 1,750. Calculate his taxable income and annual income tax using the following tax schedule: 0% on first GHC 240, 5% on next GHC 240, 1

• First GHC 240: Taxed at 0% (Free).

  $$\text{Tax}_1 = 0 \times 240 = \text{GHC } 0$$

  Remaining taxable income: $33250 - 240 = 33010$

• Next GHC 240: Taxed at 5%.

  $$\text{Tax}_2 = 0.05 \times 240 = \text{GHC } 12$$

  Remaining taxable income: $33010 - 240 = 32770$

• Next GHC 1,200: Taxed at 10%.

  $$\text{Tax}_3 = 0.10 \times 1200 = \text{GHC } 120$$

  Remaining taxable income: $32770 - 1200 = 31570$

• Next GHC 2,000: Taxed at 17.5%.

  $$\text{Tax}_4 = 0.175 \times 2000 = \text{GHC } 350$$

  Remaining taxable income: $31570 - 2000 = 29570$

• Next GHC 2,000: Taxed at 24%.

  $$\text{Tax}_5 = 0.24 \times 2000 = \text{GHC } 480$$

  Remaining taxable income: $29570 - 2000 = 27570$

The tax schedule provided ends at the 24% bracket. For the remaining GHC 27,570, we assume the next progressive tax rate, which is commonly 30%.

• Remaining GHC 27,570: Taxed at 30% (Assumption based on typical progressive tax schedules). $$\text{Tax}_6 = 0.30 \times 27570 = \text{GHC } 8271$$

b) His annual income tax is $\boxed{\text{GHC } 9233}$.

c) Calculate his annual income deductions.
The only deduction mentioned is the Social Security Contribution, as he pays no tax on this amount.

c) His annual income deductions are $\boxed{\text{GHC } 1750}$.

d) Calculate his net annual salary.

Total deductions include the Social Security Contribution and the Annual Income Tax.

d) His net annual salary is $\boxed{\text{GHC } 24017}$.