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QUESTION 2 1. Plant was purchased for R20 000 on 2 Jan 2021. Equipment was purchased for R25 000 on 2 January 2022. Land was
QUESTION 2 1. Plant was purchased for R20 000 on 2 Jan 2021. Equipment was purchased for R25 000 on 2 January 2022. Land was purchased for R200 000 on 2 January 2016 Land is not depreciated and allowed by SARS 2. Interest receivable on 31 December 2021 is R5000 3. Dividend of R 2500 is receivable from wholly owned subsidiary at 31 December 2022 Calculate the deferred tax for the year ended 31 December 2021 and 2022
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