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Flaka Feels contributed R44 000 to a retirement annuity fund for the full year. Her employer also contributed an equal amount on her behalf.
Flaka Feels contributed R44 000 to a retirement annuity fund for the full year. Her employer also contributed an equal amount on her behalf. Fiaka had a balance brought forward of R9 000 from her past retirement fund contributions. In the beginning of the year Fiaka made a donation of R2 000 to 3C Rehabilitation center and R3 000 at the end of the year. Fiaka's taxable income before any deductions is R300 000. Fiaka's remuneration for the year is R316 000. YOU ARE REQUIRED to determine Flaka's taxable income after the retirement deduction. Question 24 Not yet answered Marked out of 1 Flag question Select one: a. R247 000 b. R229 100 c. R256 000 O d. R213 100
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