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petty peter pty paid the following legal expenses to attorneys for the 2022 year of assessment: R5 450 of the fee was for debt collection
petty peter pty paid the following legal expenses to attorneys for the 2022 year of assessment: R5 450 of the fee was for debt collection R25 000 related to the drawing up of a restraint of trade agreement which was paid to an ex-employer. R25 000 related to dispute between the company's director and one of the employees due to sexist remarks made by the director. What amount will be deducted in terms of legal expenses when the company is computing their taxable income for the 2022 year as assessment? A 30 450 B 55 450 C 25 000 D 5 450
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