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>>> 2022 year of assessment. Dinky Magubane Income and expenses for the 2022 year of assessment: Salary R 18 000 pm Income from Tax Free
>>> 2022 year of assessment. Dinky Magubane Income and expenses for the 2022 year of assessment: Salary R 18 000 pm Income from Tax Free Investments R4 600pa YOU ARE REQUIRED TO: Calculate the net tax liability for Nelson Nilam for the year of assessment ending 28 February 2022. Note: Please ensure that all tables and rebates used for the calculation are for the 2022 year of assessment. 2022 tax year (1 March 2021 - 28 February 2022) Taxable income (R) Rates of tax (R) 1-216 200 18% of taxable income 216 201-337 800 38 916 +26% of taxable income above 216 200 337 801-467 500 70 532 +31% of taxable income above 337 800 467 501 - 613 600 110 739 + 36% of taxable income above 467 500 613 601-782 200 163 335 + 39% of taxable income above 613 600 782 2011 656 600 229 089 +41% of taxable income above 782 200 1 656 601 and above 587 593 + 45% of taxable income above 1 656 600 END OF PAPER 3 of 3 || >>> 2022 year of assessment. Dinky Magubane Income and expenses for the 2022 year of assessment: Salary R 18 000 pm Income from Tax Free Investments R4 600pa YOU ARE REQUIRED TO: Calculate the net tax liability for Nelson Nilam for the year of assessment ending 28 February 2022. Note: Please ensure that all tables and rebates used for the calculation are for the 2022 year of assessment. 2022 tax year (1 March 2021 - 28 February 2022) Taxable income (R) Rates of tax (R) 1-216 200 18% of taxable income 216 201-337 800 38 916 +26% of taxable income above 216 200 337 801-467 500 70 532 +31% of taxable income above 337 800 467 501 - 613 600 110 739 + 36% of taxable income above 467 500 613 601-782 200 163 335 + 39% of taxable income above 613 600 782 2011 656 600 229 089 +41% of taxable income above 782 200 1 656 601 and above 587 593 + 45% of taxable income above 1 656 600 END OF PAPER 3 of 3 ||
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