UNIVERSITY EXAMINATIONS
Oct / Nov 2023
TAX3703
Taxation of Estates
100 Marks
Duration 2 Hours
(plus 30 minutes for upload)
This paper consists of seven (7) pages plus the annexures (pp i – v).
IMPORTANT INSTRUCTIONS:
1. All amounts exclude VAT unless stated otherwise.
2. All persons mentioned are residents of the Republic of South Africa unless stated otherwise.
3. SARS = South African Revenue Service.
The answering of this paper:
1. This paper consists of four (4) questions.
2. Answer all the questions.
3. Start each question on a new (separate) page.
4. Write your student number on the top of each page.
5. Show all workings, where applicable. Where an amount is subject to a limitation, clearly indicate
the application of the limitation. Where any item is exempt from tax or not allowable as a
deduction, this must be indicated, and a brief reason provided. All amounts must be rounded to
the nearest Rand.
6. Proposed timetable (try as far as possible not to deviate from this timetable):
QUESTION TOPIC MARKS MINUTES
1 Estate duty 28 34
2 Executors account 32 38
3 Estate planning & capital gains tax 30 36
4 Donations tax 10 12
Upload time 30
TOTAL 100 150
7. Using the Invigilator App on your cell phone, scan the QR code below at the start of the exami-
nation session i.e. 8h00.
[TURN OVER]
, 2 TAX3703
Oct / Nov 2023
Please take note that The Invigilator App will
request you take a picture of every page of
your answer sheet at the end of the assess-
ment.
Please take note that this does not replace
your formal scan and upload to your Learning
Management System (MyExams).
YOUR EXAM QR CODE & QR ACCESS CODE
INSTRUCTIONS ON THE DAY OF ASSESSMENT REGARDING INVIGILATOR APP:
• Please log into The Invigilator App. You need to be connected to the internet in order to log in and scan
the QR code.
• Scan the QR code above once the examination formally commences. If you encounter difficulty with
scanning of the QR code, you can also enter the QR access code at the bottom of the QR code in order
to start the assessment.
• The QR code is only scannable for a limited time and it should therefore be scanned as soon as possible
to start the invigilation.
• Once the QR code is scanned, you can place your smartphone next to you. The Invigilator App will notify
you when an action is required. Ensure your media volume is turned up.
• You may access your MyExams in the application if you only have one device by pressing the ‘Access
Exam’ button in the top right corner of your app.
• Please remember to keep your smartphone on charge for the duration of the assessment.
• Keep The Invigilator app open on your cell phone during the assessment. You are not allowed to leave
or minimise the application.
• When an action is required, a notification beep will be heard. Action the request.
• Please ensure you are connected to the internet in order to commence the examination as well as at the
end of the examination. No internet connection is needed during the assessment.
• It is important to first upload your script to the MyExams. Uploading of app data is not time sensitive
and you can do it after you have uploaded your script to the MyExams.
• It is important to note that you have to adhere to the time limit in your MyExams assessment, as the
invigilation time in the app could exceed the time allocated to complete your assessment.
• You can click the "Finish Assessment" button in the app if you finish early.
• Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on
073 505 8273.
1. Submission instructions:
The exam paper will remain available throughout the examination session.
Commence the submission (uploading) of your answer file as soon as you have completed the assess-
ment, do not wait for the session to conclude.
Start uploading your answer file at 10h00 (2 hours after the start of the exam session) at the latest, to
allow enough time for any delays in the process.
You MUST submit your answers in ONE pdf file.
The file name of your pdf document must be in the following format:
Student number, space, TAX3703. For example: 33445566 TAX3703.
[TURN OVER]
Oct / Nov 2023
TAX3703
Taxation of Estates
100 Marks
Duration 2 Hours
(plus 30 minutes for upload)
This paper consists of seven (7) pages plus the annexures (pp i – v).
IMPORTANT INSTRUCTIONS:
1. All amounts exclude VAT unless stated otherwise.
2. All persons mentioned are residents of the Republic of South Africa unless stated otherwise.
3. SARS = South African Revenue Service.
The answering of this paper:
1. This paper consists of four (4) questions.
2. Answer all the questions.
3. Start each question on a new (separate) page.
4. Write your student number on the top of each page.
5. Show all workings, where applicable. Where an amount is subject to a limitation, clearly indicate
the application of the limitation. Where any item is exempt from tax or not allowable as a
deduction, this must be indicated, and a brief reason provided. All amounts must be rounded to
the nearest Rand.
6. Proposed timetable (try as far as possible not to deviate from this timetable):
QUESTION TOPIC MARKS MINUTES
1 Estate duty 28 34
2 Executors account 32 38
3 Estate planning & capital gains tax 30 36
4 Donations tax 10 12
Upload time 30
TOTAL 100 150
7. Using the Invigilator App on your cell phone, scan the QR code below at the start of the exami-
nation session i.e. 8h00.
[TURN OVER]
, 2 TAX3703
Oct / Nov 2023
Please take note that The Invigilator App will
request you take a picture of every page of
your answer sheet at the end of the assess-
ment.
Please take note that this does not replace
your formal scan and upload to your Learning
Management System (MyExams).
YOUR EXAM QR CODE & QR ACCESS CODE
INSTRUCTIONS ON THE DAY OF ASSESSMENT REGARDING INVIGILATOR APP:
• Please log into The Invigilator App. You need to be connected to the internet in order to log in and scan
the QR code.
• Scan the QR code above once the examination formally commences. If you encounter difficulty with
scanning of the QR code, you can also enter the QR access code at the bottom of the QR code in order
to start the assessment.
• The QR code is only scannable for a limited time and it should therefore be scanned as soon as possible
to start the invigilation.
• Once the QR code is scanned, you can place your smartphone next to you. The Invigilator App will notify
you when an action is required. Ensure your media volume is turned up.
• You may access your MyExams in the application if you only have one device by pressing the ‘Access
Exam’ button in the top right corner of your app.
• Please remember to keep your smartphone on charge for the duration of the assessment.
• Keep The Invigilator app open on your cell phone during the assessment. You are not allowed to leave
or minimise the application.
• When an action is required, a notification beep will be heard. Action the request.
• Please ensure you are connected to the internet in order to commence the examination as well as at the
end of the examination. No internet connection is needed during the assessment.
• It is important to first upload your script to the MyExams. Uploading of app data is not time sensitive
and you can do it after you have uploaded your script to the MyExams.
• It is important to note that you have to adhere to the time limit in your MyExams assessment, as the
invigilation time in the app could exceed the time allocated to complete your assessment.
• You can click the "Finish Assessment" button in the app if you finish early.
• Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on
073 505 8273.
1. Submission instructions:
The exam paper will remain available throughout the examination session.
Commence the submission (uploading) of your answer file as soon as you have completed the assess-
ment, do not wait for the session to conclude.
Start uploading your answer file at 10h00 (2 hours after the start of the exam session) at the latest, to
allow enough time for any delays in the process.
You MUST submit your answers in ONE pdf file.
The file name of your pdf document must be in the following format:
Student number, space, TAX3703. For example: 33445566 TAX3703.
[TURN OVER]
