Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bhekisizwe ( Pty ) Ltd qualifies as a small business corporation. For the 2 0 2 4 year of assessment ending on 3 1 March,

Bhekisizwe (Pty) Ltd qualifies as a small business corporation. For the 2024 year of assessment ending on 31 March, it had taxable income and turnover of R275000 and R955000 respectively.
How much tax will the company have to pay for the 2024 year of assessment?
a.
R12548
b.
R19733
c.
R77000
d.
R13139

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Accounting questions