QUESTION 4 (10 MARKS; 18 MINUTES] Bradley Cooper retires from the Samlad Pension fund on 31 August 2019 and receives a lump sum of R 479 000. The remaining two-thirds is used to purchase a living annuity. Through his years with the pension fund, Bradley was able to deduct all his contributions for tax purposes. Bradley had previously withdrawn a lumpsum from the Allan White Provident fund on 1 March 2016. He had received a gross lump sum of R 247 000. His contributions to the fund had been R 83 000 since joining this fund, none of which were deductible (contributions to a provident fund were not deductible via s11F prior to 1 March 2016, other than against a lump sum received). Marks REQUIRED Show all your calculations and round off to the nearest Rand. Question 4: For the VAT period ended 30 April 2020: Part A Calculate the tax payable on both the withdrawal AND retirement from the funds for the 2020 year of assessment TOTAL MARKS 10 10 QUESTION 4 (10 MARKS; 18 MINUTES] Bradley Cooper retires from the Samlad Pension fund on 31 August 2019 and receives a lump sum of R 479 000. The remaining two-thirds is used to purchase a living annuity. Through his years with the pension fund, Bradley was able to deduct all his contributions for tax purposes. Bradley had previously withdrawn a lumpsum from the Allan White Provident fund on 1 March 2016. He had received a gross lump sum of R 247 000. His contributions to the fund had been R 83 000 since joining this fund, none of which were deductible (contributions to a provident fund were not deductible via s11F prior to 1 March 2016, other than against a lump sum received). Marks REQUIRED Show all your calculations and round off to the nearest Rand. Question 4: For the VAT period ended 30 April 2020: Part A Calculate the tax payable on both the withdrawal AND retirement from the funds for the 2020 year of assessment TOTAL MARKS 10 10