Question: Anthony is 5 8 years old. During the current year of assessment, he earned a salary R 5 4 4 0 0 0 . He

Anthony is

58

years old. During the current year of assessment, he earned a salary R

544 000 .

He contributed R

67 000

to a provident fund. Antony and his employer contributed R

62 000

each to his pension fund. You may assume that his remuneration is R

626 400 .

YOU ARE REQUIRED to determine the retirement fund contribution deduction which he will be allowed to deduct from his taxable income for the current year of assessment.

.

129 000

.

169 128

.

67 000

.

62 000

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