TAX 3702 EXAM PACK
EXAM PAST PAPER SOLUTIONS 2015 & JUNE 2014 Suggested Solutions Written by Tafadzwa Class of 2016 Together We Pass © 2016Together We Pass. All rights reserved. OCTOBER 2015 QN 1 Salary Employer Vehicle- 5766 Protective clothing __ Long service Award tax free up to R5000() 1000 Building Material() 5000 Motorbike-Not remuneration _ Foreign dividends ( 25/40) Exempt() 1200 Local Interest-Exempt 23800 ; (25800- 23800) 2000 Foreign interest 1056 Less Deductions Pension ltd to greater of 1750 or 7.5% * -56250 Past period 2000 l.t.d to R Taxable Income Tax tables= +(- *41%) .5 Less Primary Rebate -13257 Medical scheme(270*2*12) -6480 Additonal 48000-(6480*3) + 12000 *33.3% -13506 Net Normal Tax .5
Written for
- Institution
- University of South Africa
- Course
- TAX3702 - Taxation Of Individuals
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- Uploaded on
- November 14, 2021
- Number of pages
- 18
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- 2021/2022
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- Exam (elaborations)
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- Questions & answers
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tax3702
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tax 3702 exam pack