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Ngwenya (Pty) Ltd purchased a trademark called Nix on 1 November 2023 and a patent called Tix on 1 December 2023. The trademark cost was R700000 and the cost of the patent was R650000.
Calculate the deduction or allowance available to Ngwenya (Pty) Ltd for the year of assessment ending 29 February 2024.
a.
Trademark R11667 Patent R8125
b.
Trademark R0 Patent R32500
c.
Trademark R0 Patent R8125
d.
Trademark R35000 Patent R32500

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