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Winston is 6 6 years old and unmarried. Winston also owns shares in a foreign company. During the current year of assessment, received the following

Winston is 66 years old and unmarried. Winston also owns shares in a foreign company. During the
current year of assessment, received the following income: Salary of R920000; Bonus of R90000
and Interest income from a South African Bank of R45000. He made a donation of R36000 to a
public benefit organisation. Winston received the section 18A receipt. A total contribution of R79
190 was made to Wiston's retirement fund. His employer contributed R50000 of the total
retirement fund contributions. YOU ARE REQUIRED to determine taxable income before any
deductions.
A) R1010000
B) R1096000
C) R1020500
D)1070500
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