TAX CERTIFICATE QUESTION 5 ANNEXURE F shows the tax certificate information of Monty for 2020/21 tax year (1 March 2020 to 28 February 2021). *The Employee and Employer information has been omitted. NOTE: IRP5 is the employee's tax certificate that is issued at the end of each tax year detailing all employer/employee related incomes, deductions and related taxes. Use ANNEXURE F to answer the following questions. 5.1 What does the acronym PAYE stand for? 5.2 Show how the total deduction of R156 141 was calculated. 5.3 What does the abbreviation UIF stand for? 5.4 Determine Monty's monthly UIF contribution for the 2020/21 tax year. 5.5 Briefly explain the difference between an employee and an employer. add (3 ( ( [1
