Kevin started working at a government organisation on 1 February 1987. He retired on 31 March 2018
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Question:
Kevin started working at a government organisation on 1 February 1987. He retired on 31 March 2018 and the government pension fund he belonged paid him a lump sum of R3 000 000 at the date of retirement.
Kevin's deemed taxable lump sum is:
A. | R2 000 000 | |
B. | R2 032 258 | |
C. | R2 100 000 |
Related Book For
International Financial Reporting A Practical Guide
ISBN: 978-1292200743
6th edition
Authors: Alan Melville
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