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Josh Mohlala is 44 years old and gave you the following information regarding his Income and Expenses for the current year of assessment: Salary
Josh Mohlala is 44 years old and gave you the following information regarding his Income and Expenses for the current year of assessment: Salary of R854 000 Overtime of R376 000 Interest received of R32 000 (after taking into account the interest exemption of R23 800) Donation of R8 000 to his sister to help with school fees for his nieces Allowable retirement annuity fund deduction (correctly calculated) of R186 000 YOU ARE REQUIRED to calculate josh's taxable income for the current year of assessment. Question 13 Not yet answered Marked out of 1 Flag question Select one: O a. R1 262 000 O b. R1 052 200 O c. R1 076 000 d. R1 068 000
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