Dul$$anng irom wn$$cn it earns rental income. The CEO did not like the colour of the new roof tiles that were installed in the prior year of assessment at a cost of R$170000.$ The company replaced it with new roof tiles that are differently coloured on $1$ April $2023$ at a cost of R$400000,$ in order to improve the appearance of this property. Determine the amount that Ubuntu $($Pty$)$ Ltd can deduct as repairs in calculating the taxableCash sales to customers

$R650000$

made its first provisional tax payment on $31$ March $2023$ for the year of assessment ending $30$ September

$2023.$ The latest assessment received was in respect of the $2022$

year of assessment $($received on $26$ February $2023)$ and reflected a taxable income of R$1121721.$ The $2021$ tax assessment reflected taxable income of R$967000.$

What is the first provisional tax

a$.$ A private company can never be classified as a public company for tax purposes.

b$.$ A company that is registered as a public company under the Companies Act may or may not be a public company for income tax purposes.

c$.$ A company that is registered

A company qualifies as a small business corporation. For the year of assessment ending $31$ December $2023,$ it has receipts of R$1\mathrm{.}3$ million and taxable income of R$543000.$ What is the tax liability of the company for the year of assessment ending $31$ December $2023?$

$000.$ The machine was brought into use the same day in a process of manufacture. Calculate the capital allowance to be claimed by Ubuntu $($Pty$)$ Ltd on this machine for income tax purposes for the $2024$ year of assessment ending $29$ February. Assume Ubuntu $($Pty$)$ Ltd is not a Small Business Corporation, as defined in the Act.