Mr Buti, a 55-year-old salesman earned a gross income of R27 678 per month during the 2020/2021 tax year. A monthly deduction of 7,5% was made from his salary and paid into his pension fund. Show, by means of calculations, that Mr Buti's monthly tax was R4 037,38.

5.1.1 Step 1: Calculate Mr. Buti's annual gross income. Mr. Buti's monthly gross income is R27 678. Annual Gross Income = R27\,678 × 12 = R332\,136 Step 2: Calculate Mr. Buti's annual pension deduction. A monthly deduction of 7.5% is made from his salary for his pension fund. Monthly Pension Deduction = 0.075 × R27\,678 = R2\,075 ✂️ _That answer was long and got cut off. Reply continue and I'll finish it._