TAX1501
OCT/NOV FINAL
EXAM 2026
UNIQUE NO:
DUE DATE:
,TAXATION OF SALARIED PERSONS -TAX1501
OCTOBER/NOVEMBER 2026 EXAMINATION PERIOD
QUESTION ONE [20 MARKS]
Nomsa Makhubu – Final Tax Liability
Nomsa is a South African resident individual aged 34. She is therefore taxed on her
taxable income at the individual rates applicable for the 2026 year of assessment. The
2026 tax year ran from 1 March 2025 to 28 February 2026.
The question specifically states that Nomsa's taxable income before the deduction of
medical tax credits is R700 000. This amount is therefore used to calculate her normal
tax.
1. Normal tax before rebates
Nomsa's taxable income = R700 000
The applicable 2026 tax bracket is:
R673 001 – R857 900
Tax = R179 147 + 39% of the amount above R673 000.
Amount above R673 000:
R700 000 − R673 000 = R27 000
Tax on R27 000:
R27 000 × 39% = R10 530
Therefore:
R179 147 + R10 530 = R189 677
OCT/NOV FINAL
EXAM 2026
UNIQUE NO:
DUE DATE:
,TAXATION OF SALARIED PERSONS -TAX1501
OCTOBER/NOVEMBER 2026 EXAMINATION PERIOD
QUESTION ONE [20 MARKS]
Nomsa Makhubu – Final Tax Liability
Nomsa is a South African resident individual aged 34. She is therefore taxed on her
taxable income at the individual rates applicable for the 2026 year of assessment. The
2026 tax year ran from 1 March 2025 to 28 February 2026.
The question specifically states that Nomsa's taxable income before the deduction of
medical tax credits is R700 000. This amount is therefore used to calculate her normal
tax.
1. Normal tax before rebates
Nomsa's taxable income = R700 000
The applicable 2026 tax bracket is:
R673 001 – R857 900
Tax = R179 147 + 39% of the amount above R673 000.
Amount above R673 000:
R700 000 − R673 000 = R27 000
Tax on R27 000:
R27 000 × 39% = R10 530
Therefore:
R179 147 + R10 530 = R189 677
