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Daniel is 33 years old. He is a salaried person. During the current year of assessment, he bought a laptop to use in is home
Daniel is 33 years old. He is a salaried person. During the current year of assessment, he bought a laptop to use in is home office. He uses this laptop strictly for work purposes. The cost of this laptop R15 000. The related wear and tear on the laptop that is allowable as a deduction in terms of section 23(m) is R5 000 . He paid legal expense incurred relating to his employment of R4 000 . He paid incom protection premiums of R10 000. YOU ARE REQUIRED to determine the total amount that will be allowed as deductions in the calculation of his taxable income? a. R34000 b. R19000 C. R9000 d. R14000 Daniel is 33 years old. He is a salaried person. During the current year of assessment, he bought a laptop to use in is home office. He uses this laptop strictly for work purposes. The cost of this laptop R15 000. The related wear and tear on the laptop that is allowable as a deduction in terms of section 23(m) is R5 000 . He paid legal expense incurred relating to his employment of R4 000 . He paid incom protection premiums of R10 000. YOU ARE REQUIRED to determine the total amount that will be allowed as deductions in the calculation of his taxable income? a. R34000 b. R19000 C. R9000 d. R14000
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