LSB2605

LSB2605 REVISION QUESTIONS WITH 100% CORRECT ANSWERS – 2025 PAST PAPERS QUESTIONS WITH RESPECTIVE ANSWERS

LSB2605 EXAM PACK – QUESTION & ANSWERS QUESTIONS WITH ANSWERS, COMPILED FROM RECENT PAST EXAM PAPERS. PERFECT FOR EXAM PREPARATION.

LSB2605 ASSIGNMENT 1 SEMESTER 2 2025 *COMPLETE ANSWERS* DUE DATE AUGUST 2025 (BEST ANSWERS FOR THIS ASSIGNMENT)

LSB2605 ASSIGNMENT 2 SEMESTER 1 2025 – DUE 24 APRIL 2025 QUESTIONS WITH ANSWERS

LSB2605 ASSIGNMENT 2 SEMESTER 1 2025 – DUE 24 APRIL 2025 QUESTIONS WITH DETAILED ANSWERS Question 1 Joseph runs a printer repair shop as a sole proprietor, where he services and repairs industrial printers for printing companies. His business achieved a turnover of R2 million in the last tax year, which was taxed as income in his hands, and his deductible expenses amounted to R600,000. He is concerned that he might be paying too much tax and believes that small businesses should not be t...

LSB2605 ASSIGNMENT 1 SEMESTER 1 2025 – DUE 03 APRIL 2025 QUESTIONS WITH ANSWERS

LSB2605 ASSIGNMENT 1 SEMESTER 1 2025 – DUE 03 APRIL 2025 QUESTIONS WITH DETAILED ANSWERS Question 1 Dumelo opens a butchery from his home and wants to ensure that he complies with the relevant regulatory requirements. He does not employ any workers to help him, and he runs the business by himself. 1.1) Advise Dumelo on whether he is required to register with the South African Revenue Service (SARS) and the Department

Question 2 Buhle uses her savings to set up a small manufacturing business. According to Buhle’s projections, the business will be making a profit in the first year of operation, and during this period, the total remuneration payable to the employees will amount to R450,000. In the second year of operation, the business will make a bigger profit, with the salary bill increasing to R600,000. 2.1.) Is Buhle’s business liable for payment of a skills development levy in the first and second ye...

LSB2605 ASSIGNMENT 01 AND 02 ANSWERS SEMESTER 02 LSB Semester 2 a) Assignment 01 Question 1 Provide references to your sources, including page numbers. Answers without references to specific page numbers will not be marked and you will not receive any marks for those answers. Incorrect page numbers will not earn marks. Any similarity to the structure, content and style of AI generated answers earn a 0 mark. 1.1.) Which of the following best describes a sole proprietorship? (2) (A) It is ...

LSB2605 Assignment 2 (Answers) Semester 2 - Due: 18 September 2023