TAX1501 Assignment 7 Semester 2 2024

ide to logging into myMod X Assessment 7 (page 1 of 15) X +
( ; mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23562958&cmid=847070



NISA2. 15° myAdmin Unisa Library


ii Assessment 7

Back Quiz


Time left 1.57.15

question l Which of the following is not regarded as carrying on a trade?
Not yet
answered
O a. Working in the banking sector and earning a salary.
Marked out of 1
@b Investing in foreign shares and earning dividend income. Finish
Flag question
0 c. Running a boutique company and selling fashionable clothing.
O d. Renting out an investment property and earning rental income.
Clear my




«»o
Previous activity Next activity

< Assessment 6
(
Jump to...
Learning umt o >



mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt =23562958&cmid =8470708page= 1



AZ- 15° myAdmin Unisa Library a

UNISA 2024 TAX1501-24-$2 Assessment 7



e au
Assessment 7


Back


]Time 1.55.42]
left

question 2 Anthony is 58 years old. During the current year of assessment, he earned a salary R544 000. He contributed R67 000 to a
Not yet provident fund. Antony and his employer contributed R62 000 each to his pension fund. You may assume that his remuneration is




-
answered
R626 400.YOU ARE REQUIRED to determine the retirement fund contribution deduction which he will be allowed to deduct from
Marked out of his taxable income for the current year of assessment.
e 9q ion
O a. R62 000
Ob. R169128
@c. R129 000
0 d. R67 000
Approach
Cl my 101

Assessme...

st
Previous page ea»o
3econd Se..

1