Jay Williams is46years old and gave you the following information regarding her Income and Expenses for the
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Question:
Jay Williams is 46 years old and gave you the following information regarding her Income and Expenses for the current year of assessment:
Salary of R970 000
Leave pay of R88 000
Dividend income of R26 000
Section 18A receipt donation of R80 000
Allowable retirement annuity fund deduction (correctly calculated) of R350 000
YOU ARE REQUIRED to calculate jay's taxable income for the current year of assessment.
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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