Gerald Bosch $($Gerald$)(65$ years old$)$ is an electrical engineer for a South African construction company

$($Quality Building $($Pty$)$ Ltd $($QB$)).$ Gerald does not own any of QB$$s equity shares. Gerald is married out

of community of property to Francette. They have a $24-$year$-$old daughter $($Shani$)$ and a $19-$year$-$old son

$($Dan$),$ both full$-$time students at a university and dependant on their parents.

Gerald retired on $31$ August $2023,$ after $35$ years employment with QB$.$ Details of Gerald$$s employees$$ tax

calculation, as compiled by Gerald for the period, is as follows:

Notes R

Income$/$receipts$/$benefits

Line items $($below: $1$ to $6)$

Salary $(6$ months$)637800$

$1.$ Use of a company$-$owned vehicle $($par$.$ reference to be provided$)112600$

$2.$ Subsistence allowance $($par$.$ reference to be provided$)210000$

$3.$ Retirement fund contribution benefit $342000$

$4.$ Installation of solar system at Gerald$$s house $460000$

$5.$ Severance benefit $5100000$

Total annual equivalent remuneration $862400$

Less: Deductions

$6.$ Retirement fund contributions $3(50400)$

$7.$ Medical expenditure $6(20000)$

Total annual equivalent balance of remuneratio