Jessie James a South African resident (46 years of age and a disabled person as defined) had the following receipts and accruals during the 2020 year of assessment:

Receipts from a restaurant operated in his own name 650 000

Salary received from part-time employment 180 000

Dividends from South African companies 50 000

Interest from local bank 43 800

Interest on tax free investment 800

Jessie incurred the following expenses during the current year of assessment:

Jamie incurred expenses related to the restaurant for maintenance to the building 120 000 Additional medical expenses paid 26 152

Monthly medical aid contribution 2 050 (James and his wife are members of the fund)

Jessie paid the following pre-paid taxes:

PAYE with regards to part-time employment 45 000 Provisional tax 80 000

In addition to the above information Jessie James had also made a profit of R200 000 on the sale of asset which he sold in the current year of assessment.

QUESTION 1 Calculate Jessies normal tax liability for the 2020 year of assessment. (30 Marks)