Question: Maria Matthews ( aged 7 8 years ) is a South African resident. Maria is a professional crocheter. She crochets baby blankets, beanies and booties.

Maria Matthews

(

aged

78

years

)

is a South African resident. Maria is a professional crocheter. She crochets baby blankets, beanies and booties. She operates her crochet business as a sole trader and trades as HandmadeYarn HY

.

The taxable income for HY for the

2024

year of assessment amounted to R

567 300 .

Select the correct answer to the following: The normal tax payable by Maria Matthews, for the

2024

year of assessment, amounted to

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Compare the generic UML class diagram for the conversion process shown in Figure 7.5 with a generic sales and collection diagram, similar to Figure 5.9. Identify the similarities and differences and...

Maria and Mathew ara married and the intratum Mercuns an unincorpaded dental practice Mattaw works part-me As A Nigh school math teacher and spend the remainder of his time sing for their colchter....

I need help on how to do the Sort the values in the Community Campus column using a custom sort order list. Use the following order: Parkwood center, Lehigh HS, and then Greendale Library. Add a...

Ana Maria Barrera-Bogarin Farm Worker, Arizona "If She Hadn't Pulled Me Away, I Would Have Been the One." - Hohana N. Ana Maria Barrera-Bogarin, aged either 60 or 61 , had been working on a lettuce...

I am working on a Java project and need help with writing my final 2 classes, below is what I have so far and the criteria for the last 2 classes BingoNumber package bingo; public class BingoNumber {...

Equipment: This activity does not require the use of a telescope or binoculars. A flashlight with transparent red cellophane taped over the lens will preserve your night vision (for nighttime...

2. Prepare worksheet entries and post to the worksheet for the following items. Identify each adjustment by the letter used in the problem: Record the January 1, 2020 balances of general fixed asset...

Miles and Madison are your new clients. Miles, aged 39, is an IT specialist at ABC Sports Management, and earns $90,000 per year, after tax and this will continue if Madison passed away. Madison,...

financial planning question Max and Alexia are your new clients. Max, aged 39, is an IT specialist at ABC Sports Management, and earns $90,000 per year, after tax and this will continue if Alexia...

You are a forensic accountant for a public accounting firm whose client hired your team to perform a fraud investigation of the accounts payable processes. As part of your fraud testing, you have...

Illustrate how the couple should go about generating their desired rental income stream whilst minimising duties payable and transaction costs. Show the duties that would be payable in this...

In Each region (North, South, West) of the United States experienced the era of Industrialization (18651920) differently, with different issues and groups at the forefront. Choose one of the...

The electric field intensity in free space is give as follows: -cos +i 2z sin 2a 2a 2a What is the total charge enclosed inside the closed circular cylindrical surface S shown below? (Note: The...

Boilermaker Corp has a beta of 0 . 8 . The market return is expected to be \ ( 1 4 \ % \ ) , and the current risk - free rate is \ ( 3 \ % \ ) . We have used analysts' estimates to determine that the...

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

Choose an appropriate topic and develop it Support and enliven your speech with effective research

Choosing Your Topic Researching the Topic

The Power of Public Speaking Clarifying the