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TAX1501 ASSIGNMENT 3 FOR 2024 $2.95   Add to cart

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TAX1501 ASSIGNMENT 3 FOR 2024

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Question 1 Not yet answered Marked out of 1.00 Flag question Question text Barbara is 41 years old. She is a salaried person. During the current year of assessment, she paid income protection premiums of R19 000, she contributed towards a retirement fund for R13 000, she bought groceries of R9 ...

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  • April 11, 2024
  • 12
  • 2023/2024
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TAX1501
ASSIGNMENT 3 FOR 2024




FEND TUTORIALS

, Please note that the questions may
differ per student and therefore this
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+2763 173 8181




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, Question 1
Not yet answered
Marked out of 1.00

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Question text
Barbara is 41 years old. She is a salaried person. During the current year of assessment, she paid
income protection premiums of R19 000, she contributed towards a retirement fund for R13 000, she
bought groceries of R9 000, and made a donation to a public benefit organisation of R11 000.
Barbara received the section 18A receipt. YOU ARE REQUIRED to determine the total amount
that will be allowed as deductions in the calculation of her taxable income? (Assume that none of the
allowable deductions are subject to any limitations, therefore the full amount would be deductible).
Select one:

a.
R32 000

b.
R43 000

c.
R24 000

d.
R52 000
Wickham is 36 years old. He is not an ordinary resident of South Africa. Wickham was physically
present in the Republic for the following number of days from 2018 to 2024:

2018 : 104 days
2019 : 105 days
2020 : 103 days
2021 : 204 days
2022 : 106 days
2023 : 207 days
2024: 100 days

YOU ARE REQUIRED to choose the correct statement regarding Wickham’s residence status in
South Africa for the current year of assessment.


Whatsapp Marlvin @ +2763 173 8181

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