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Paul is a 50-year-old mechanical engineer employed for the full year. Paul had the following income and expenses during the year: INCOME Gross income R165
Paul is a 50-year-old mechanical engineer employed for the full year. Paul had the following income and expenses during the year: INCOME Gross income R165 000 Exempt income (interest received) R22 000 EXPENSES Allowable deductions R16 000 Employees tax paid to SARS during the year R11 000
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