QUESTION $3($ TRUST ACCOUNT$)$

Samuel is $19$ years old and is one of three beneficiaries of a testamentary resident trust. In terms of the trust deed, Samuel must receive an annuity of R$18000$ payable pro rata out of the receipts and accruals of the trust. The trustees may make any further discretionary distributions to Samuel and his two brothers, David and Carl, after payment of the annuity. No beneficiary has a vested right to the retained amounts of the trust.

The following income accrued during the $2018$ vear of assessment to the trust

$\backslash$table$[[$Item$,$Amount$],[$Local dividends,R$35000],[$Foreign dividends $($not exempt in terms of s $10$B$(2)),$R$30000],[\backslash$table$[[$Interest from South African investments $($not exempt in terms of$],[$s $12$T$)]],$R$25000],[$Interest from sources outside South Africa,R$10000],[$Total$,$R$100000]]$

Apart from the R$18000$ annuity paid to Samuel, the trustees made discretionary distributions of R$2000$ to each of the beneficiaries. Assume that the trust incurred no expenses and Samuel earns no other income.

$\backslash$table$[[$Item$,$Total,$\backslash$table$[[$Local$],[$dividends$]],\backslash$table$[[$Foreign$],[$Dividen$],[$ds$]],\backslash$table$[[$Local$],[$interest$]],\backslash$table$[[$Foreign$],[$interest$]]],[$Proportional $\%,100\%,35\%,30\%,25\%,10\%$