The following taxpayers are employees as defined. The information below relates to the 2024 year of assessment: 1) Monica Ali receives an annual travel allowance of R135 000. Her car, purchased three years ago for R340 000 (inclusive of VAT), has an accurate logbook recording a total of 38 579 kilometres travelled during the 2024 year of assessment. Of that distance, 22 286 kilometres were for business purposes. Detailed expense records show that she spent R36 320 on fuel, R17 640 on tyres and R5 000 on speeding fines throughout the year. As the car is still under a maintenance plan, no additional maintenance costs were incurred. 2) Ben, 28 years old, is married in community of property to Jennifer. His remuneration package included a salary of R220 000 per annum and an annual bonus of R20 000. He also received local dividends and local interest of R4 800 and R15 600 respectively. Jennifer received local interest of R13 000 during the current year. Required: Q.4.1 Calculate the amount to be included (if any) in Monica Alis taxable income arising from the travel allowance received for the 2024 year of assessment. Q.4.2 Calculate Bens income for the current year of assessment. Hint: You would need to calculate Bens gross income before considering any exempt income, to arrive at his income for the year.

The following tax tables are applicable for the 2024 year of assessment: The individuals' tax table for the tax period 01 March 2023 - 28 February 2024 Deemed rate per kilometer schedule for the 2023/2024 year of assessment