lOMoAR cPSD| 47654148
,UNIVERSITY EXAMINATIONS
3 Feb 2024
TAX3761
Taxation of Business Activities and
Individuals
100 Marks
Duration 3 Hours
, This paper consists of eleven (11) pages, plus a schedule (pp i - vi)
IMPORTANT INSTRUCTIONS:
Assumptions:
1. All amounts exclude Value-Added Tax (VAT) unless specifically stated otherwise.
2. The VAT rate increased from 14% to 15% from 1 April 2018.
3. All persons mentioned are residents of the Republic of South Africa unless stated otherwise.
4. SARS = South African Revenue Service.
5. All transactions are conducted with registered VAT vendors, unless specifically stated other- wise.
6. Valid tax invoices and required documentation are obtained for all transactions.
The answering of this paper:
1. This is a closed-book exam.
2. This paper consists of two (2) questions with subsections, i.e., a and b.
3. All questions and sub-sections must be answered.
4. Each sub-section must be commenced on a new (separate) page.
5. All workings, where applicable, must be shown. Where an amount is subject to a limitation, clearly
indicate the application of the limitation. Where any item does not form part of gross income, is exempt from
tax or not allowable as a deduction, this must specifically be indicated, and a short reason should be provided.
6. All amounts must be rounded to the nearest Rand.
Honesty Declaration:
By submitting my solution to the exam, I declare that:
I know what plagiarism is, that plagiarism is wrong and that disciplinary steps can be taken against me if I am found
guilty of plagiarism.
This solution, submitted by myself, is my own work.
I have not assisted any other student in any manner, and I have not had the assistance of any other person, in
completing this exam.
I will not assist any other student in any manner, and I will not obtain the assistance of any other person, in
completing this exam.
I know that if I am found to be in violation of this declaration, I will have to face a disciplinary hearing.
Please note: You do not have to sign the declaration. By submitting your solution, you automatically declare that
you adhere to all the above with regards to this specific assessment.
, The Invigilator
Day of the assessment instructions:
• Ensure you are connected to the internet to log into the Invigilator App and scan this QR code.
• If you encounter difficulty in scanning the QR code, you can alternatively enter the Exam Access Code below
the QR code to start the invigilation.
• You can only scan this QR code once. You should NOT finish the invigilation until your entire assessment
has been completed.
• Only scan the QR code when the assessment formally commences.
• 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, ensure your media volume is turned up and place your smartphone next to you.
The Invigilator App will notify you with a notification beep when you are required to action a request, which
you should then perform.
• We recommend that you keep your smartphone on charge for the duration of the assessment.
• If you only have one device, you may access your assessment in the application by pressing the ‘Access Exam’
button in the top right corner of your app.
• Keep the Invigilator App open on your cell phone for the full duration of the assessment. You are not
allowed to minimise or leave the app.
• Ensure you are connected to the internet in order to commence the invigilation as well as at the end of the
assessment. No internet connection is required during the assessment.
• You must adhere to the assessment time limit of 3 hours as the time displayed in the Invigilator App could
differ from the time allocated to complete your assessment.
• You can click the "Finish Assessment" button in the app if you finish your assessment early.
• If you are performing a written or Scan-and-Upload assessment:
• The Invigilator App may request you to take a picture of every page of your answer sheet at the end of the
assessment. This does NOT replace the normal upload of your script to the myExams platform on
myUnisa.
• After completing invigilation and following all app instructions, you must upload your Invigilation App data.
If, however, there is a delay in the upload of the app data at the end of the assessment, you should prioritise
the upload of your script to the myExams platform on myUnisa and you can temporarily minimise the app to
do so. You can come back and upload your script on the app after you have successfully uploaded your script
on the myExams platform on myUnisa.
• Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on:
073 505 8273.
Access and Submission instructions:
The exam paper will remain available throughout the examination session.
,UNIVERSITY EXAMINATIONS
3 Feb 2024
TAX3761
Taxation of Business Activities and
Individuals
100 Marks
Duration 3 Hours
, This paper consists of eleven (11) pages, plus a schedule (pp i - vi)
IMPORTANT INSTRUCTIONS:
Assumptions:
1. All amounts exclude Value-Added Tax (VAT) unless specifically stated otherwise.
2. The VAT rate increased from 14% to 15% from 1 April 2018.
3. All persons mentioned are residents of the Republic of South Africa unless stated otherwise.
4. SARS = South African Revenue Service.
5. All transactions are conducted with registered VAT vendors, unless specifically stated other- wise.
6. Valid tax invoices and required documentation are obtained for all transactions.
The answering of this paper:
1. This is a closed-book exam.
2. This paper consists of two (2) questions with subsections, i.e., a and b.
3. All questions and sub-sections must be answered.
4. Each sub-section must be commenced on a new (separate) page.
5. All workings, where applicable, must be shown. Where an amount is subject to a limitation, clearly
indicate the application of the limitation. Where any item does not form part of gross income, is exempt from
tax or not allowable as a deduction, this must specifically be indicated, and a short reason should be provided.
6. All amounts must be rounded to the nearest Rand.
Honesty Declaration:
By submitting my solution to the exam, I declare that:
I know what plagiarism is, that plagiarism is wrong and that disciplinary steps can be taken against me if I am found
guilty of plagiarism.
This solution, submitted by myself, is my own work.
I have not assisted any other student in any manner, and I have not had the assistance of any other person, in
completing this exam.
I will not assist any other student in any manner, and I will not obtain the assistance of any other person, in
completing this exam.
I know that if I am found to be in violation of this declaration, I will have to face a disciplinary hearing.
Please note: You do not have to sign the declaration. By submitting your solution, you automatically declare that
you adhere to all the above with regards to this specific assessment.
, The Invigilator
Day of the assessment instructions:
• Ensure you are connected to the internet to log into the Invigilator App and scan this QR code.
• If you encounter difficulty in scanning the QR code, you can alternatively enter the Exam Access Code below
the QR code to start the invigilation.
• You can only scan this QR code once. You should NOT finish the invigilation until your entire assessment
has been completed.
• Only scan the QR code when the assessment formally commences.
• 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, ensure your media volume is turned up and place your smartphone next to you.
The Invigilator App will notify you with a notification beep when you are required to action a request, which
you should then perform.
• We recommend that you keep your smartphone on charge for the duration of the assessment.
• If you only have one device, you may access your assessment in the application by pressing the ‘Access Exam’
button in the top right corner of your app.
• Keep the Invigilator App open on your cell phone for the full duration of the assessment. You are not
allowed to minimise or leave the app.
• Ensure you are connected to the internet in order to commence the invigilation as well as at the end of the
assessment. No internet connection is required during the assessment.
• You must adhere to the assessment time limit of 3 hours as the time displayed in the Invigilator App could
differ from the time allocated to complete your assessment.
• You can click the "Finish Assessment" button in the app if you finish your assessment early.
• If you are performing a written or Scan-and-Upload assessment:
• The Invigilator App may request you to take a picture of every page of your answer sheet at the end of the
assessment. This does NOT replace the normal upload of your script to the myExams platform on
myUnisa.
• After completing invigilation and following all app instructions, you must upload your Invigilation App data.
If, however, there is a delay in the upload of the app data at the end of the assessment, you should prioritise
the upload of your script to the myExams platform on myUnisa and you can temporarily minimise the app to
do so. You can come back and upload your script on the app after you have successfully uploaded your script
on the myExams platform on myUnisa.
• Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on:
073 505 8273.
Access and Submission instructions:
The exam paper will remain available throughout the examination session.
