Usyk is a South African citizen and pays tax in South Africa.

The key information regarding Usyk is:

He is $31$ years old.

He is married out of community of property and they have twins who are $3$ years old.

He is an IT$-$specialist employed by a South African company.

Usyk and his family are all members of the medical scheme.

No member of the family has a disability as defined.

He provided you with the following information relating to his tax affairs for the year ended

$28$ February $2022$:

In addition to his annual salary of R$875000,$ he received $($in cash or otherwise$)$ the following:

Income and benefits

Annuities $($Note $1)-$ R$60775$

Foreign interest $.-$ R$12000$

Gross foreign dividends $($from a unit trust$)($Note $2)-$ R$5130$

Use of company cell phone$($Note $3)-$ R$?$

Loan from employer$($Note $4)-$ R$135000$

Subsistence allowance $($Note $5)-$ R$3500$

Contributions towards specific funds $($Note $6)-$ R$32000$

Notes to amounts received in cash or otherwise:

Annuities

The annuities were received in terms of the sale of a patent that Usyk sold the rights to

four years ago. The sale agreement specified that he receives an annual annuity which

escalates by $5\%$ per annum for a period of $15$ years.

Gross foreign dividends

Foreign tax of R$270$ was withheld from the foreign dividends, so he received an amount

of R$5130.$

Use of company cell phone

Usyk's employer gave him the right to use a company cell phone from $1$ August $2021,$

the salient details being:

Usyk had the right to use the cell phone until the end of the $2022$ year of

assessment.

The phone was purchased by the company on $1$ April $2021$ for R$12500.$

The market value of the cell phone was R$10000$ at the time Usyk received the

right of use.

Usyk used the phone $75\%$ for business purposes and $25\%$ for private purposes.

Loan from employer

Usyk's employer granted him a loan on $1$ November $2021.$ The details of the loan were

as follows:

An amount of R$135000$ was received.

The loan is repayable in full at the end of a five$-$year period or termination of

employment $($whichever occurred first$)$

Interest to be charged at a rate of $3\mathrm{.}5\%$ per annum.

Assume for the relevant period the South African repo rate was $5\mathrm{.}75\%.$

Subsistence allowance

Usyk spent a work week $($i$.$e$.4$ nights and $5$ days$)$ away from home on a business trip

to George. The subsistence allowance $($of R$700$ per night$)$ covered meals and incidental

costs. Usyk kept a record of his actual expenses that amounted to R$2800$ for meals

and accommodation, R$499$ for alcoholic beverages and R$200$ for private telephone calls.

Contributions made by employer $($in addition to salary$)$:

The employer made the following payments, for benefit of the employer, during the year

ended $28$ February $2022$:

R$22200$ towards Usyk's provident fund

R$15600$ towards Usyk's medical aid fund

Following your request to complete his tax assessment, Usyk furnished you with the following

expenditure incurred by him during the year ended $28$ February $2022$:

R$60000$ in contributions to his provident fund

R$96000$ in contributions to his retirement annuity fund

R$62400$ in contributions to his medical aid scheme

R$36800$ in medical expenses that were not covered by his medical aid

REQUIRED:

Calculate Usyk's net normal tax for the year of assessment ended $28$ February $2022.$ You may assume that

Usyk's remuneration amounted to R$913800($correctly calculated$)$ for the $2022$ year of assessment.