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Bongi is 6 5 years old. She is married to Nkosi. Nkosi is 5 5 years old. They are married in community of property. During

Bongi is 65 years old. She is married to Nkosi. Nkosi is 55 years old. They are married in community of property. During the current year of assessment, Bongi received the following investment income:
South African dividends of R40000
Foreign dividends of R100000(the foreign entity is listed on the Johannesburg Securities Exchange)
Nkosi only earned interest in a South African bank account of R80000. YOU ARE REQUIRED to determine Nkosis taxable income for the current year of assessment.
Select one:
a.
R5500
b.
R56200
c.
R45500
d.
R16200

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