Question: 2 . 2 Ben, a sole proprietor, is a resident of the Republic. He operates small business in South Africa manufacturing toys. The following information

2.2

Ben, a sole proprietor, is a resident of the Republic. He operates small business in South Africa manufacturing toys. The following information relates to the

2025

year of assessment:

During May

2024,

Ben sold toys that he had manufactured in South Africa to a dealer in Botswana for a cash price of R

70 000 .

During September

2024,

Ben was paid a non

-

refundable deposit of R

35 000

delivery of toys in October

2024

from a customer for a

Ben gambled at a local casino

his net winnings were R

250 000

in May

2024 .

Ben invested R

75 000

in September

2024

in a fixed deposit in a financial institution in Brazil. The interest earned amounted to R

5 750

monthly Discuss whether the amounts should be included in gross income in the

2025

year of assessment

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