Summary TAX 3701 Chapter_8_Turnover_tax_solutions
Why was the rebate of R12 726 not deducted? No rebates are deductible against the turnover tax. The rebate can only be deducted from normal tax. 2. Will the sale of the property be subject to any tax? A capital gains tax calculation still needs to be submitted with regards to 80% of her primary residence not used for business purposes. The normal tax rules will apply (as the value of the property sold is less than R2 million
Geschreven voor
- Instelling
- University of South Africa
- Vak
- Unisa
Documentinformatie
- Geüpload op
- 16 januari 2021
- Aantal pagina's
- 2
- Geschreven in
- 2020/2021
- Type
- SAMENVATTING
Onderwerpen
-
tax 3701 chapter8turnovertaxsolutions