HH must make its first provisional tax payment for the 31 March 2024 year of assessment...
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HH must make its first provisional tax payment for the 31 March 2024 year of assessment soon. The following information was provided to you by the company accountant: Year of assessment 2021 2022 2023 Assessed Yes, on 12 February 2023 Yes, on 20 August 2023 No Taxable income R2 189 777 R1 966 500 R1 200 000 (estimated) REQUIRED: Calculate the first provisional tax payment of Health Harmony (Pty) Ltd for the 2024 year of assessment and provide the date by which it must be paid in order to avoid interest and penalties. MARKS 6 HH must make its first provisional tax payment for the 31 March 2024 year of assessment soon. The following information was provided to you by the company accountant: Year of assessment 2021 2022 2023 Assessed Yes, on 12 February 2023 Yes, on 20 August 2023 No Taxable income R2 189 777 R1 966 500 R1 200 000 (estimated) REQUIRED: Calculate the first provisional tax payment of Health Harmony (Pty) Ltd for the 2024 year of assessment and provide the date by which it must be paid in order to avoid interest and penalties. MARKS 6
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Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
Posted Date:
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