Andile Andile, 7 7 years of age, is a Senior Manager at Blue V , a small medium sized manufacturing company in the center of Durban He earns a monthly salary of R 3 2 5 0 0 1 until 3 1 December 2 0 2 3 , when he decided to retire due to health complications Andile also received monthly local interest R 1 2 5 0 from his investment and R 7 0 0 0 0 gross dividends from a foreign company Andile also received R 1 0 0 0 monthly commission until 3 1 December 2 0 2 3 and R 1 3 5 0 0 once off bonus from his employer up on retirement Andile also received R 3 0 0 0 quarterly local dividends Required Calculate taxable income for this employee for the year ended 2 9 February 2 0 2 4 Please briefly explain with reasons where items are not included taxable with applicable sections of the Act Show all your calculations and round off to the nearest Rand Use this table Gross income Less Exempt income Income Less Taxable portion of capital gains Taxable income

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Andile Andile, 7 7 years of age, is a Senior Manager at Blue V , a small   medium sized manufacturing company in the center of Durban  He earns a monthly salary of R 3 2   5 0 0 1 until 3 1 December 2 0 2 3 , when he decided to retire due to health complications  Andile also received monthly local interest R 1 2 5 0 from his investment and R 7 0 0 0 0 gross dividends from a foreign company  Andile also received R 1 0 0 0 monthly commission until 3 1 December 2 0 2 3 and R 1 3 5 0 0 once   off bonus from his employer up on retirement  Andile also received R 3 0 0 0 quarterly local dividends Required Calculate taxable income for this employee for the year ended 2 9 February 2 0 2 4   Please briefly explain with reasons where items are not included   taxable with applicable sections of the Act  Show all your calculations and round off to the nearest Rand  Use this table Gross income  Less  Exempt income Income  Less Taxable portion of capital gains  Taxable income

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. Andile Andile, 7 7 years of age, is a Senior Manager at Blue V , a small - medium sized manufacturing company in the

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