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PART A Nandi Mtoli, a SA resident, aged 25, receives R4 000 per month from a South African trust created in terms of the will
PART A Nandi Mtoli, a SA resident, aged 25, receives R4 000 per month from a South African trust created in terms of the will of her late father. Her father was resident in Namibia all his life. 25% of the income of the trust consists of dividends (from South African companies) 25% is rental and the remainder is interest. Required: State, how much, if any, of this receipt will be taxable in the hands of Nandi, and give reasons for your answer. (5) PART B Anthony Gonzalves, a SA resident, aged 42, was one of 200 employees of Surry (Pty Ltd who was retrenched on 31 March 2013 following negotiations with the trade union. The reason for the retrenchments was a change in technological processes in the factory. Anthony received the following amounts on his last day at work: Required: Calculate the taxable portion of this total in the hands of Anthony, giving reasons for your decision. Discuss any special concession he may be entitled to
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