Olefantse Molelekwa, a resident of Botswana, is employed by Maharaja $($Pty$)$ Ltd as a manager. The following are his incomes and expenditures for the tax year ended $30$ June $2023.$

Receipts and accruals during the year:

P

Salary $450,000$

Commission $80,000$

Entertainment allowance $60,000$

Standard Chartered Interest $40,000$

Interest from Botswana Savings Bank $12,000$

Medical aid contributions by employer $7,500$

Rental income $90,000$

Expenses during the tax year:

Contributions to approved pension fund $8,000$

Annual subscriptions to CIMA $4,500$

Contributions to an unapproved fund $9,000$

Repairs to the rented house $2,500$

Pay as you earn deducted $122,050$

Additional notes:

a$)$ The company paid for Olefantse$$s private water and electricity bills amounting to P$15,000.$

b$)$ Olefantse was given a company motor vehicle which cost P$180,000$ for which he paid for her own fuel.

c$)$ She stayed in a company house which she moved into on $1$ January $2023.$ The house was rated at P$800,000$ and she paid rentals of P$2,000$ per month.

d$)60\%$ of the entertainment allowance was used to entertain customers.

e$)$ On $1$ July $2021,$ she received a loan amounting to P$200,000$ by the employer at $5\%$ interest. The prime rate of interest was $12\%.$

REQUIRED:

Compute Olefantse$$s tax payable or refundable for the tax year ended $30$ June $2022.[20$ Marks$]$