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Lerato elected to retire from employment 30 31 August 2018, the day after he celebrated his 60thbirthday. His income and deductions for the year of

Lerato elected to retire from employment 30 31 August 2018, the day after he celebrated his 60thbirthday. His income and deductions for the year of assessment ended 2 February 2019 were as follows:R Salary (March to August 2018)90 000Lumpsum gratuity received from his employer on his retirement On 31 August 2018 (severance benefit) 50 000Retirement fund lump sum benefit on commutation of annuities from pension Fund on 31 August 2018542 500Special remuneration received as a member of a proto-team25 000Pension fund contributions (March to August 2018)6 750Capital gain (proceeds less base cost)60 000Lerato had never previously received any lump sum benefits. He had been a member of the pension fund for 35years, and all of his contributions to the fund had previously been allowed as deductions for tax purposes. His taxable income for the previous year of assessment was R124000,including taxable capital gains of R4000.Calculate the normal tax payable by Lerato for the year of assessment ended 28 February 2019.

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