Orange Vaal Limited carries on business as a cartage contractor. On $30$ November $2022$ one of its delivery vans was written off in an accident when delivering goods for a client. The delivery van$$s original cost was R$150000.$ Its book and tax value on $30$ November $2022$ was R$60000.$ It was sold to a scrap$$metal dealer for R$5000.$

On $1$ January $2023$ Orange Vaal Limited$$s insurer then awarded it R$45000$ in full and final settlement for the written$$off delivery van.

Orange Vaal Limited$$s financial year ends on the last day of February.

Its legal expenses on defending its driver were R$8000($R$3000$ in its $2023$ financial year and R$5000$ in its $2024$ financial year$).$

Required: Determine what tax deductions and allowances Orange Vaal Limited is entitled to for the above loss and expenditure, and state when can they be claimed