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kindly assist you are required to calculate net tax liability for Nelson Nilam for the year of assessment ending 28 February 2022 Nelson Nidaris a
kindly assist you are required to calculate net tax liability for Nelson Nilam for the year of assessment ending 28 February 2022
Nelson Nidaris a 74 year old resident of the Republic who works in the motor industry. He tes teen marted in community of property to Dinky Magubane aged 50) for 15 years Nantes the one romaneasca 22 aralassanent Income Salary R2 000 pm Bonus 10% of gross salary Interest local R80 000 Didende sted SA company R15 000 pa Foreign-Dividends from a company R3 000 pa Foreign - Interest RS mo pa Rental Income cerved from garden cotage) R 10000 pm Expenses Maintenance to rental property R30 000 He belongs to a medical aid fund to which te contributed R3 000 per month o during the year of assessment and he had medical expenses of R23 500, which were not covered by the medical aid ind. Has employer also deducts employees'tar of R12 785 and te pad R20 20 provisional tax bt the 2022 year of assessment Dicky Moutons here for the 2012 autolssssman Salary R18 000 pm Income from Tax Free Investments R 4 Opa YOU ARE REQUIRED TO: Oatuse he tellisiity for Nelson Nian for the year of sessment ording 28 February 222 Nelson Nidaris a 74 year old resident of the Republic who works in the motor industry. He tes teen marted in community of property to Dinky Magubane aged 50) for 15 years Nantes the one romaneasca 22 aralassanent Income Salary R2 000 pm Bonus 10% of gross salary Interest local R80 000 Didende sted SA company R15 000 pa Foreign-Dividends from a company R3 000 pa Foreign - Interest RS mo pa Rental Income cerved from garden cotage) R 10000 pm Expenses Maintenance to rental property R30 000 He belongs to a medical aid fund to which te contributed R3 000 per month o during the year of assessment and he had medical expenses of R23 500, which were not covered by the medical aid ind. Has employer also deducts employees'tar of R12 785 and te pad R20 20 provisional tax bt the 2022 year of assessment Dicky Moutons here for the 2012 autolssssman Salary R18 000 pm Income from Tax Free Investments R 4 Opa YOU ARE REQUIRED TO: Oatuse he tellisiity for Nelson Nian for the year of sessment ording 28 February 222Step by Step Solution
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