Question $2$ The key information regarding Usyk is: He is $31$ years old.

He is married out of community of property and they have twins who are $3$ years old. He is an IT$-$specialist employed by a South African company. IJsyk and his family are all members of the medical scheme. No member of the family has a disability as defined. He provided you with the following information relating to his tax affairs for the year ended $28$ February $2022$: In addition to his annual salary of R$875000,$ he received $($in cash or otherwise$)$ the following:

Annuities

Foreign interest.

Gross foreign dividends $($from a unit trust$)\_$

Use of company cell phone

Loan from employer$\_$

Subsistence allowance

Contributions towards specific funds

Notes to amounts received in cash or otherwise:

Annuities

The annuities were received in terms of the sale of a patent that Usyk sold the rights to four years ago. The sale agreement specified that he receives an annual annuity which escalates by $5\%$ per annum for a period of $15$ years.

Foreign dividends Foreign tax of R$270$ was withheld from the foreign dividends, so he received an amount of R$5130.$

Use of Company Cellphone

Usyk's employer gave him the right to use a company cell phone from $1$ August $2021,$ the salient details being: Usyk had the right to use the cell phone until the end of the $2022$ year of assessment. The phone was purchased by the company on $1$ April $2021$ for R$12500.$

The market value of the cell phone was RIO $000$ at the time Usyk received the right of use.

Usyk used the phone $75\%$ for business purposes and $25\%$ for private purposes. $4.$ nan tom e m nlnyer

Usyk's employer granted him a loan on $1$ November $2021.$The details of the loan were as follows: An amount of R$135000$ was received. The loan is repayable in full at the end of a five$-$year period or termination of employment $($whichever occurred first$)$ Interest to be charged at a rate of $3\mathrm{.}5\%$ per annum. Assume for the relevant period the South African repo rate was $5\mathrm{.}75\%.5.$ Sunsistense$-$a$/$l$.$yyange Usyk spent a work week $($i$.$e$.4$ nights and $5$ days$)$ away from home on a business trip to George. The subsistence allowance $($of R$700$ per night$)$ covered meals and incidental costs. Usyk kept a record of his actual expenses that amounted to R$2800$ for meals and accommodation, R$499$ for alcoholic beverages and R$200$ for private telephone calls.

$6.$ Contribution made by employer

The employer made the following payments, for benefit of the employer, during the year ended $28$ February $2022$: R$22200$ towards Usyk's provident fund R$15600$ towards Usyks medical aid fund

Following your request to complete his tax assessment, Usyk furnished you with the following expenditure incurred by him during the year ended $28$ February $2022$: R$60000$ In contributions to his provident fund R$96000$ in contributions to his retirement annuity fund R$62400$ in contributions to his medical aid scheme R$36800$ in medical expenses that were not covered by his medical aid

REQUIRED:

Calculate Usyk's net normal tax for the year of assessment ended $28$ February $2022.$ You may assume that Usyk's remuneration amounted to R$913800($correctly calculated$)$

for the $2022$ year of assessment.