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QUESTION 1 [ 2 0 MARKS ] Sam Sthole is a resident of the Republic. He is 4 7 years old and is married in
QUESTION MARKS Sam Sthole is a resident of the Republic. He is years old and is married in community of property. The following information relales to the year of assessment for Sam and his wife, Meg. Income from a South African source: A salany of R from his employer, a motor manufacturing company. He does partime academic work for a private higher education college and earned an income of R as part of his business income for the year of assessment. Net rentals of R was eamed from a bachelor flat in Margate. Interest of R was earned from various shortterm investments. Income from a South African source for Meg: Rent received from an outhouse on their procerty amounted to R Sam made contitutions of R per month to a medical scheme on behalf of himself, his wife and child. He paid R qualfying medical expenses for the year. His employer contibuted R to the medical scheme during the year. Required: Calculate Sam Sithole's nomal tax liability for the year of assessment.
QUESTION
MARKS
Sam Sthole is a resident of the Republic. He is years old and is married in community of property.
The following information relales to the year of assessment for Sam and his wife, Meg.
Income from a South African source:
A salany of R from his employer, a motor manufacturing company.
He does partime academic work for a private higher education college and earned an income of R as part of his business income for the year of assessment.
Net rentals of R was eamed from a bachelor flat in Margate.
Interest of R was earned from various shortterm investments.
Income from a South African source for Meg:
Rent received from an outhouse on their procerty amounted to R
Sam made contitutions of R per month to a medical scheme on behalf of himself, his wife and child. He paid R qualfying medical expenses for the year. His employer contibuted R to the medical scheme during the year.
Required:
Calculate Sam Sithole's nomal tax liability for the year of assessment.
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