Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tenny is 45 yes old. Consider the following information: She, her husband and her minor child are members of a registered medical scheme. Their child

Tenny is 45 yes old. Consider the following information: She, her husband and her minor child are members of a registered medical scheme. Their child is 12 years old. They are all members of the medical aid scheme. Her employer contributed R44 400 into her medical scheme. She made contributions of an equal amount to her employer. Had a taxable income of R247 400. They are not persons with disabilities as defined. She incurred qualifying expenses of R11 590, and they were not covered by the medical aid. You may assume that the section 6A rebate was correctly calculated to be R10 236. YOU ARE REQUIRED to calculate the section 6B rebate for the current year of assessment. (Round your answer to the nearest rand).

A. R30 021

B. R10 223

C. R23 204

D. R17 900

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bank Stability, Sovereign Debt And Derivatives

Authors: Author

1st Edition

113733214X, 9781137332141

More Books

Students also viewed these Accounting questions

Question

Evaluate the integral. *3/2 Jo | sin x | dx

Answered: 1 week ago

Question

Sell the quality of your brand or products.

Answered: 1 week ago