On $30$ December $2023,$ Jessica Parker $($Jessica$),$ a South African resident, passed away at the age of $60$ years. She was survived by her daughter, Emma, who is currently $32$ years old, and her husband, Erick, who is currently $62$ years old. All of the parties are residents of South Africa.

At the time of Jessica$$s death, she owned the following assets:

$$ A life insurance policy of R$3500000$ that Emma took out on her mother$$s life in

$2020.$ The policy paid Emma R$3500000$ on Jessica$$s death. Emma paid all the

premiums on the policy, amounting to R$100000.$ Interest calculated at $6\%$ per

annum on the premiums amounted to R$6000.$

$$ Shares in a listed company valued at R$430000.$ The shares were sold by the

executor for R$350000.$

$$ Bank deposits of R$80000.$

$$ Jessica$$s motor car valued at R$320000.$

$$ As a result of Jessica$$s death, the pension fund, of which she had been a member

for $40$ years, awarded Erick a lump sum of R$2800000.$

$$ Jessica bequeathed R$50000$ to Save the Children, which is an approved public

benefit organisation.

$$ At the time of Jessica$$s passing, she had the use of a vacation house awarded to

her $10$ years earlier upon the death of her sister, Carla Parker, then aged $47$ years.

The bare dominium, at the time of Carla Parker$$s death, was given to Emma. Over

the past years, the value of the vacation house deteriorated from its R$3200000$

market value to R$2500000$ on the day Jessica passed away. The usufruct of this

beach house passes on to Erick $($Jessica$$s husband$).$

$$ Jessica had an accrual claim against Carla$$s estate of R$85000.$

$$ A house in Mauritius. Jessica bought this house $15$ years ago for the equivalent

of R$4000000.$ Its current value is the equivalent of R$5200000.$

Expenses incurred by Jesicca Parker$$s execution in winding up his estate were as

follows:

$$ Funeral expenses $$ R$40000$

$$ Executor$$s remuneration $$ R$55000.$

The normal tax for Jessica Parker was calculated as R$300000,$ while the normal tax for the deceased estate amounted to R$50000.$

REQUIRED:

Calculate the amount of estate duty payable on the estate of Jessica Parker for the $2024$ year of assessment.

Show and reference all your calculations clearly.

Provide a reason why an amount is not to be included in the calculations.

Provide the applicable sections of the Income Tax Act.