You are a registered CA (SA) and work as a tax consultant at Tax Solutions (Pty) Ltd, a company that specialises in tax services. You were given the following matters to resolve. All these matters are unrelated. Matter 1 Construction Limited, a South African resident, bought 11 flats on 15 April 2021 (the date on which ownership was transferred) in a newly erected building from a developer, at a total cost of R200 000 each. The flats are rented out to bona fide employees for R1 000 a month and were occupied from 1 May 2021. 1 Discuss the deductions that Construction Limited may claim for the year of assessment ending 31 March 2022, arising from Matter 1 . Support your answer with calculations