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Ngwenya (Pty) Ltd and its employees contribute to a medical scheme on an annual basis. On 1 January 2023 it contributed R220 000 to the

Ngwenya (Pty) Ltd and its employees contribute to a medical scheme on an annual basis. On 1 January 2023 it contributed R220 000 to the medical scheme. This R220 000 was its contribution for the 2023 CALENDAR year. How much is deductible by Ngwenya (Pty) Ltd in determining it's taxable income for the year of assessment ended 28 February 2023. a. R100 000 b. R36 667 c. R nil d. R220000

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