Question
Jade is a 35-year-old unmarried resident of South Africa. She is employed on a full-time basis at CGI Ltd since 1 April of the current
Jade is a 35-year-old unmarried resident of South Africa. She is employed on a full-time basis at CGI Ltd since 1 April of the current year. Jade earned the following amounts per month:
• A salary R18 000 • A travel allowance R3 000 She received the following for the current year of assessment: • A taxable bursary award R3 000 • A performance bonus R15 000 She incurred the following monthly contributions: • Pension fund contributions R500 • Medical aid contributions R400. Expenses in relation to medical costs not refunded by her medical aid amounted to R3 000. Required: Calculate Jade's employees' tax for the year ended 28 February 2017
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
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