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Cyril Peters is a resident of the Republic. He is 5 2 years old and is married in community of property. The following information relates
Cyril Peters is a resident of the Republic. He is years old and is married in community of property.
The following information relates to the year of assessment for Cyril and his wife, Naledi.
Income from a South African source:
A salary of R from his employer, a motor manufacturing company.
He does parttime academic work for a private higher education college and earned an income of R as part of
his business income for the year of assessment.
Net rentals of R was earned from a bachelor flat in Margate.
Interest of R was earned from various shortterm investments.
Income from a South African source for Naledi:
Rent received from an outhouse on their property amounted to R
Cyril made contributions of per month to a medical scheme on behalf of himself, his wife and child. He paid R
qualifying medical expenses for the year. His employer contributed R to the medical scheme during the year. He
installed solar roof panels at his home to the value of R in June A provisional tax payment of R was also
made on August
Required:
Calculate Cyril's normal tax liability for the year of assessment.
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