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Mr Reddy and Mrs Reddy are both under 6 5 and married out of community of property. The following information is provided for the year
Mr Reddy and Mrs Reddy are both under and married out of community of property. The following information is provided for the year ended February : R Mr Reddy's salary Mrs Reddy's net income from a business she conducts as a sole proprietor Dividends from South African listed shares Mr Reddy Interest on savings account Mr Reddy Interest on savings account Mrs Reddy Mr Reddy paid the following amounts during the year: Pension fund contributions Retirement annuity fund contributions Mrs Reddy paid RAF contributions of Required: Calculate in full the tax payable by Mr and Mrs Reddy for the tax year of assessment ending February Show all calculations.
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