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QUESTION 4 4.1 Sandy Mabuza is a resident of the republic of South Africa. She is the owner of various assets and property in the

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QUESTION 4 4.1 Sandy Mabuza is a resident of the republic of South Africa. She is the owner of various assets and property in the country and has made the decision to sell a few of her assets. Sandy has been living in her home in Ballito which she bought 15 years ago. She has now decided to relocate to Cape Town due to a change in her job. Her residential property was bought at a cost price of R2.200.000 in January 2008 and it was sold for R4 600000 in January 2023. She owned shares in Mochachos (Pty) Lid which she purchased for a cost of R150 000, she required extra cash to undertake renovations in her home and decided to sell the shares for R250000 in February 2023 . she does not deal in the buying and selling of shares. Sandy has been having problems with the payment of rental from her tenant in a flat that she rents out, she has therefore decided to sell this flat. The flat was purchased for R1 500000 in April 2018 and sold for R2 300000 in October 2022. In addition to the assels that were sold in the current year of assessment she had made a capital loss of R320 000 from the 2023 year of assessment. Required: Calculate the taxable capital gain or loss of Sandy for the 2023 year of assessment. (25) Appendices Income tax table for individuals March 2022-28 February 2023) Retirement Lump Sum (Withdrawal benefit) 2023 tax year Retirement Lump Sum (Withdrawal benefit) 2023 tax year Retirement Lump Sum (Normal retirementideath'severance benefit) 2023 tax year Retirement Lump Sum (Normal retirementideath/severance benefit) 2023 tax year

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