On 1 March 2015 Mohammed Ahmed, who is 25 years of age, started a new business, Candle Light (Ply) Lid of producing and selling candies Candle Light (Pl) Lld was never obligated to register as a VAT vendor and also did not choose to do so. Candle Light (Pty) Ltd qualified as a micro business and was registered as a micro business with effect from 1 March 2018 The following infomation is relevant to Candle Light (Pty) Ltd's 2018 year of assessment R Doubllul dobl allowance deducted in 2018 17 500 Candia Light (Pty) Uld's assessed loss for 2018 was 12345 The following information is relevant to Candle Light (P) Lid's 2019 year of assessment R Cash receipts (note 1 405 000 Outstanding debet nolu 2 20 000 Inimest received on bank account 35 000 Dividends received on linted shares 10 250 Runt paid for business preses 60 000 Proceeds with the sale of mixer note 3 30-000 Expenses incurred with the purchase of new meer 45 000 Normal trading expenses incurred 116000 1 Inchided in the cash for the year 2019 is R30 000mcerved from outstanding debtors as on 29 February 2018 and mounded from suppliers on damaged goods purchased of R22 000. On 20 lun 2018 R13000 of the RA0000 recesso refunded to customer who bought candies that did not want to light 2 Date Printed Candle Light Pi Lid R20 000 for candles delivered on 20 February 2019 1 Candle Light Pideda lange more to the water the candies and putased a new candie Light Pod the old and receved R30 000. Themes wholy used for business purposes e 13 On 1 March 2015 Mohammed Ahmed, who is 25 years of age, started a new business, Candle Light (Ply) Lid of producing and selling candies Candle Light (Pl) Lld was never obligated to register as a VAT vendor and also did not choose to do so. Candle Light (Pty) Ltd qualified as a micro business and was registered as a micro business with effect from 1 March 2018 The following infomation is relevant to Candle Light (Pty) Ltd's 2018 year of assessment R Doubllul dobl allowance deducted in 2018 17 500 Candia Light (Pty) Uld's assessed loss for 2018 was 12345 The following information is relevant to Candle Light (P) Lid's 2019 year of assessment R Cash receipts (note 1 405 000 Outstanding debet nolu 2 20 000 Inimest received on bank account 35 000 Dividends received on linted shares 10 250 Runt paid for business preses 60 000 Proceeds with the sale of mixer note 3 30-000 Expenses incurred with the purchase of new meer 45 000 Normal trading expenses incurred 116000 1 Inchided in the cash for the year 2019 is R30 000mcerved from outstanding debtors as on 29 February 2018 and mounded from suppliers on damaged goods purchased of R22 000. On 20 lun 2018 R13000 of the RA0000 recesso refunded to customer who bought candies that did not want to light 2 Date Printed Candle Light Pi Lid R20 000 for candles delivered on 20 February 2019 1 Candle Light Pideda lange more to the water the candies and putased a new candie Light Pod the old and receved R30 000. Themes wholy used for business purposes e 13