TAX3702 Assignment Unique Number: 702907
1. 2 A rebate (or tax credit) reduces the normal tax owing to SARS. In other words, rebates do not reduce the taxable income, but will reduce the tax calculated per the relevant tax rate. It therefore works in the same way as the annual rebates. rebates and tax credits are not considered in the calculation of taxable income 2. 4 Employee Tax is not considered in the calculation of Taxable Income
Written for
- Institution
- University of South Africa
- Course
- TAX3702 - Taxation Of Individuals
Document information
- Uploaded on
- November 29, 2021
- Number of pages
- 11
- Written in
- 2021/2022
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
tax3702
-
tax3702 assignment unique number 702907