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Brooke is 39 years old and is married in community of property. During the current year of assessmen she received the following receipts and
Brooke is 39 years old and is married in community of property. During the current year of assessmen she received the following receipts and accruals: Foreign dividends of R60 000 from England (She holds a 12% share in a foreign company) Foreign interest of R80 000 Local interest of R90 000 Interest from a tax-free investment of R20 000 Foreign dividends of R78 000 from Italy. (She holds a 5% share in a foreign company) Her husband only earned local dividends income of R120 000. YOU ARE REQUIRED to determine Brookes's taxable income for the current year of assessment. Select one: a. R108 867 b. R78 533 200
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