Part $2$

Leonard $(58)$ is a resident of the Republic. The following information relates to the $2024$ year of

assessment:

Gross salary R$450,000$

Interest from local bank R$28,900$

Interest from foreign bank R$57,600$

Interest from tax free investment R$18,000$

Dividends local investment R$12,000$

Dividends from foreign investment R$55,000$

Contributed R$17,500$ to pension fund, his employer contributed an equal amount.

Required

Calculate Leonard$$s tax liability for the $2024$ year of assessment. $(20)$

Where an amount has nil effect, indicate the re