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Question 3 20 marks The following information relates to Lindie Cilliers who retired recently: N$ Salary 70 000 Director's Fee 10 000 Interest from First
Question 3 20 marks The following information relates to Lindie Cilliers who retired recently: N$ Salary 70 000 Director's Fee 10 000 Interest from First National Bank 16 000 Profit from business 18 000 Interest from Bank in the US 12 000 Profit on sale of house 4 000 Bursary 16 000 Dividends 6 000 Medical aid premiums 6 000 Medical aid expenses 3 500 Insurance premiums 1 300 Donation to university 2 450 Pension contributions 20 000 Lump sum from employer 140 000 Special uniform Allowance 14 000 Goodwill received 80 000 Calculate Lindie's tax liability for the year ended 28 February 2021. Include a reason for the treatment of every item in your calculation. Refer to Appendix A. Logical layout and presentation (1)
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