TE =+ Edit Add Selection Typewriter, T Highlight, T Underline, QUESTION 1 Arrow, Rectangle, Comment Links Objects TAXATION 2A - INDIVIDU.. X TAXATION 2A - INDIVIDU.. X TAXATION 2A - INDIVIDU.. X TAXATION 2A - INDIVIDU.. X HAND BO.. Foreign Interest Rent income Stamp Salary Bonus (Birthday Bonus) non-pensionable Local Interest Denver and Megan Small are South African residents, who are married to each other in community of property. Der is 65 years old and Megan is 58 years old. The couple have no dependents. Listed below are income and expenditure for Denver and Megan for the 2019 year of assessment. Denver 1.1. Create Link Add Bookmark Employee Contributions to Retirement Fund Donations to a PBO - Sect 18 A receipt obtained YOU ARE REQUIRED TO: Sign Document Protect 1.2. Employer Contribution to Retirement Fund Foreign Dividends from a company in which he holds more 9 000 pa than 20% shares (R) 240 000 pa 50 000 pa 10 000 pa 21 600 pa Megan (R) 420 000 pa 20 000 pa 20 000 pa 8 000 pa 24 000 pa 24 000 pa 15 000 pa (40 Mark Calculate the tax liability for Denver for the year of assessment ending 28 February 2019 Calculate the taxable income for Megan for the year of assessment ending 28 February 2019 (18 marks) (22 marks)

Denver and Megan Small are South African residents, who are married to each other in community of property. D is 65 years old and Megan is 58 years old. The couple have no dependents. L ietar holow are income and expenditure for Denver and Megan for the 2019 year of assessment. YOU ARE REQUIRED TO: 1. Calculate the tax liability for Denver for the year of assessment ending 28 February 2019 (18 marks) 1.2. Calculate the taxable income for Megan for the year of assessment ending 28 February 2019 (22 marks)