Mr$.$ Desai, a widower retired from Man Ed Ltd on $30$ September $2022$ as he has reached the age of $65$

years. Upon his retirement he had received the following income for the year of assessment:

$$ A watch, that the company had paid R$5000$ for. This was awarded in appreciation of the long service

he had given to the company.

$$ As per the agreement in his employment contract, Mr Desai continued to receive a salary of R$25000$

per month for the entire current year of assessment.

$$ Dividends of R$18000$ was received from a company based in Germany which was listed on the

Johannesburg Stock Exchange $($JSE$).$

$$ Mr Desai owns a rent producing property which earns rent of R$3500$ per month, in addition to this he

has incurred maintenance expenses of R$16000($allowable deduction$)$ during the year of assessment.

$$ Dividends of R$70000$ which was received from a South African company for the year.

$$ He received interest of R$33000$ from a local bank, this was from a fixed deposit he held at the bank.

Mr$.$ Desai had the following expenses during the year of assessment:

$$ A contribution of $8\%$ of his salary to a pension fund.

$$ A provisional tax payment of R$17000$ was made on $31$ August $2022.$

Required:

Calculate the tax payable for Mr$.$ Desai for the $2023$ year of assessment.