of its former employees, as a restraint of trade payment, effective for 5 years. The full amount will be included in the recipient's gross income. g) Legal fees were incurred in drawing up the lease agreement for the shop premises. h) Lucas, an employee was injured whilst at work and could not return to his normal duties. He received an annuity of N$4 000 per month from 1st October 2020. He died on 31st December 2020 because of the accident and an annuity of N$2 000 per month was paid to his widow from the following month. Required: Calculate the taxable income of Don Ltd (Pty) for the year of assessment ending 28 February 2021. Supply brief reasons for each item to support your answer and indicate, also with brief reasons where there are no tax implications or adjustments. Begin your answer with net profit per the accounting statement of profit or loss and other comprehensive income. Ignore VAT throughout. Logical layout and presentation (1). of its former employees, as a restraint of trade payment, effective for 5 years. The full amount will be included in the recipient's gross income. g) Legal fees were incurred in drawing up the lease agreement for the shop premises. h) Lucas, an employee was injured whilst at work and could not return to his normal duties. He received an annuity of N$4 000 per month from 1st October 2020. He died on 31st December 2020 because of the accident and an annuity of N$2 000 per month was paid to his widow from the following month. Required: Calculate the taxable income of Don Ltd (Pty) for the year of assessment ending 28 February 2021. Supply brief reasons for each item to support your answer and indicate, also with brief reasons where there are no tax implications or adjustments. Begin your answer with net profit per the accounting statement of profit or loss and other comprehensive income. Ignore VAT throughout. Logical layout and presentation (1). of its former employees, as a restraint of trade payment, effective for 5 years. The full amount will be included in the recipient's gross income. g) Legal fees were incurred in drawing up the lease agreement for the shop premises. h) Lucas, an employee was injured whilst at work and could not return to his normal duties. He received an annuity of N$4 000 per month from 1st October 2020. He died on 31st December 2020 because of the accident and an annuity of N$2 000 per month was paid to his widow from the following month. Required: Calculate the taxable income of Don Ltd (Pty) for the year of assessment ending 28 February 2021. Supply brief reasons for each item to support your answer and indicate, also with brief reasons where there are no tax implications or adjustments. Begin your answer with net profit per the accounting statement of profit or loss and other comprehensive income. Ignore VAT throughout. Logical layout and presentation (1). of its former employees, as a restraint of trade payment, effective for 5 years. The full amount will be included in the recipient's gross income. g) Legal fees were incurred in drawing up the lease agreement for the shop premises. h) Lucas, an employee was injured whilst at work and could not return to his normal duties. He received an annuity of N$4 000 per month from 1st October 2020. He died on 31st December 2020 because of the accident and an annuity of N$2 000 per month was paid to his widow from the following month. Required: Calculate the taxable income of Don Ltd (Pty) for the year of assessment ending 28 February 2021. Supply brief reasons for each item to support your answer and indicate, also with brief reasons where there are no tax implications or adjustments. Begin your answer with net profit per the accounting statement of profit or loss and other comprehensive income. Ignore VAT throughout. Logical layout and presentation (1). of its former employees, as a restraint of trade payment, effective for 5 years. The full amount will be included in the recipient's gross income. g) Legal fees were incurred in drawing up the lease agreement for the shop premises. h) Lucas, an employee was injured whilst at work and could not return to his normal duties. He received an annuity of N$4 000 per month from 1st October 2020. He died on 31st December 2020 because of the accident and an annuity of N$2 000 per month was paid to his widow from the following month. Required: Calculate the taxable income of Don Ltd (Pty) for the year of assessment ending 28 February 2021. Supply brief reasons for each item to support your answer and indicate, also with brief reasons where there are no tax implications or adjustments. Begin your answer with net profit per the accounting statement of profit or loss and other comprehensive income. Ignore VAT throughout. Logical layout and presentation (1)