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Zakaria Adams is a 23-year-old South African chef who graduated in 2019 and has since worked in various hospitality establishments to gain experience. Calculate Zakarias
Zakaria Adams is a 23-year-old South African chef who graduated in 2019 and has since worked in various hospitality establishments to gain experience. Calculate Zakarias Income for the 2023 year of assessment (NB: No spaces, no Rand sign required and round off to the nearest Rand if applicable). He has provided the following information:
INCOME | Amount |
Salary | R 45000 |
Uniform allowance | R 5 000 |
Annuity | R 2 400 |
Workman's compensation | R 15 000 |
Interest in tax-free investment | R 35 000 |
Royalties from cookbook | R 125 000 |
Employee loan | R 85 000 |
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