DEPARTMENT OF TAXATION
TAXATION 200 (BEL200)
Examination
22 November 2022
Marks: 80 Time: 2 hours
Internal examiners:
K Molebalwa, L Motsamai, A Schoeman, A Onceya, T Pidduck
Internal moderator:
S Pienaar
Instructions:
⮚ This paper consists of six questions. You have to answer all the questions.
⮚ Round all final amounts off to the nearest rand/percentage.
⮚ Assume that all taxpayers are South African (tax) residents, unless stated otherwise.
⮚ All amounts exclude VAT, unless stated otherwise.
Answer and submit the questions as follows:
⮚ Question 1: Complete this on side 1 of the multiple-choice form in pencil.
⮚ Question 2 - 6 handwritten in the 8-page answer book.
⮚ When uploading, name your file as follows: YourSurname_Exam.
⮚ Only your last submission/upload will be marked.
Perusal: An online perusal process will be followed.
Supplementary exam: 5 December 2022
Special exam: 8 February 2023
2023
FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES DEPARTMENT OF TAXATION
University of Pretoria
, SCANNING IN THE ANSWER BOOKS
Your solution must be scanned in as follows:
Question 1 - 6: Scan the cover of your script with your student card first, then all the pages of
your answer book that you wrote on, and then scan the MCQ form last. Combine all pages
into one single PDF. Submit this combined document under the submission link for exam.
Name your file as follows: YourSurname_Exam
- You will be penalised if you don’t submit the questions in a combined PDF format.
It is very important that you upload a PDF file that includes ALL the relevant pages for the
whole paper!
1. Open the scanning app and scan your solution in portrait and save it as a PDF file
on your phone. Name your file as explained above (Note that you may need to email the
file to yourself on some apps and then save it from the email on your phone.)
2. Access the relevant upload folder for the exam on the Blackboard app
3. Click on start attempt
4. Click on add content and add file
5. Find the relevant file on your phone, ensure that you have the right file and note that you
can click on the file to preview it, or you can check that the file is correct and complete
after uploading it
6. Click on submit
The submission link allows two submission attempts. If you made a mistake the first time,
simply submit the correct PDF document using the same link. We will only mark the last
submission you make under each submission tool. It is your responsibility to make sure
that you scan all pages. Pages not scanned will not be marked.
Make sure that you receive a submission receipt from clickUP.
You must use your own device for scanning and submission. Devices may NOT be shared.
If you have problems with submission, wait until the other students have handed in
before moving to the front of the venue to be assisted.
HANDING IN THE ANSWER BOOKS
Collect all your belongings before moving to the front of the exam venue, as you have
to leave the venue after handing in.
Queue for handing in physical papers.
• Put all the answer books that you used together and place them in the designated box
(make a single pile inside one of your 8-page book).
• All unused answer books must be placed in a separate box.
• Hand in your MCQ form separately
Make sure you hand back all the answer books that you used. If there are issues with your
upload, we will check it against the original.
Monitor your email and cell phone the next day in case you need to be contacted for
an issue with your upload.
Page 2 of 18
, QUESTION 1 (10 marks; 15 minutes)
Make sure that you follow the instructions on the multiple-choice mark sheet to
ensure that your answers are marked correctly. Answer this question on SIDE 1 of
the multiple-choice mark sheet. Answer the questions using a PENCIL. There is only
ONE correct option for each question. Indicate the option of your choice next to the
appropriate number on the multiple-choice mark sheet. For example: 1. C.
1. Matenase Wadiyo, a 21-year-old South African resident, sold his drug-manufacturing plant
to Uncle Vinny (a local pharmacist) on 8 February 2023 for R600 000. Due to cash-flow
challenges, Uncle Vinny was not able to pay the purchase price in full and entered into an
agreement with Matenase to repay the amount in 6 equal monthly instalments. The first
payment of R100 000 was received by Matenase on 25 February 2023.
Advise Matenase on the amount to be included in his gross income for the 2023 year of
assessment. (1)
a. R0
b. R100 000
c. R500 000
d. R600 000
e. None of the above
2. Anele, a 65-year-old South African resident, retired from being a lecturer at the University
of Pretoria on 30 September 2022. For the 2023 year of assessment, he received the
following amounts:
• Salary R900 000
• Gain from sale of a 22-meter fishing boat R22 000
• Local dividends R18 000
• Retirement fund lump sum R2 100 000
Advise Anele on the amount to be included in his gross income for the 2023 year of
assessment. (2)
a. R900 000
b. R918 000
c. R3 018 000
d. R3 040 000
e. None of the above
Page 3 of 18
TAXATION 200 (BEL200)
Examination
22 November 2022
Marks: 80 Time: 2 hours
Internal examiners:
K Molebalwa, L Motsamai, A Schoeman, A Onceya, T Pidduck
Internal moderator:
S Pienaar
Instructions:
⮚ This paper consists of six questions. You have to answer all the questions.
⮚ Round all final amounts off to the nearest rand/percentage.
⮚ Assume that all taxpayers are South African (tax) residents, unless stated otherwise.
⮚ All amounts exclude VAT, unless stated otherwise.
Answer and submit the questions as follows:
⮚ Question 1: Complete this on side 1 of the multiple-choice form in pencil.
⮚ Question 2 - 6 handwritten in the 8-page answer book.
⮚ When uploading, name your file as follows: YourSurname_Exam.
⮚ Only your last submission/upload will be marked.
Perusal: An online perusal process will be followed.
Supplementary exam: 5 December 2022
Special exam: 8 February 2023
2023
FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES DEPARTMENT OF TAXATION
University of Pretoria
, SCANNING IN THE ANSWER BOOKS
Your solution must be scanned in as follows:
Question 1 - 6: Scan the cover of your script with your student card first, then all the pages of
your answer book that you wrote on, and then scan the MCQ form last. Combine all pages
into one single PDF. Submit this combined document under the submission link for exam.
Name your file as follows: YourSurname_Exam
- You will be penalised if you don’t submit the questions in a combined PDF format.
It is very important that you upload a PDF file that includes ALL the relevant pages for the
whole paper!
1. Open the scanning app and scan your solution in portrait and save it as a PDF file
on your phone. Name your file as explained above (Note that you may need to email the
file to yourself on some apps and then save it from the email on your phone.)
2. Access the relevant upload folder for the exam on the Blackboard app
3. Click on start attempt
4. Click on add content and add file
5. Find the relevant file on your phone, ensure that you have the right file and note that you
can click on the file to preview it, or you can check that the file is correct and complete
after uploading it
6. Click on submit
The submission link allows two submission attempts. If you made a mistake the first time,
simply submit the correct PDF document using the same link. We will only mark the last
submission you make under each submission tool. It is your responsibility to make sure
that you scan all pages. Pages not scanned will not be marked.
Make sure that you receive a submission receipt from clickUP.
You must use your own device for scanning and submission. Devices may NOT be shared.
If you have problems with submission, wait until the other students have handed in
before moving to the front of the venue to be assisted.
HANDING IN THE ANSWER BOOKS
Collect all your belongings before moving to the front of the exam venue, as you have
to leave the venue after handing in.
Queue for handing in physical papers.
• Put all the answer books that you used together and place them in the designated box
(make a single pile inside one of your 8-page book).
• All unused answer books must be placed in a separate box.
• Hand in your MCQ form separately
Make sure you hand back all the answer books that you used. If there are issues with your
upload, we will check it against the original.
Monitor your email and cell phone the next day in case you need to be contacted for
an issue with your upload.
Page 2 of 18
, QUESTION 1 (10 marks; 15 minutes)
Make sure that you follow the instructions on the multiple-choice mark sheet to
ensure that your answers are marked correctly. Answer this question on SIDE 1 of
the multiple-choice mark sheet. Answer the questions using a PENCIL. There is only
ONE correct option for each question. Indicate the option of your choice next to the
appropriate number on the multiple-choice mark sheet. For example: 1. C.
1. Matenase Wadiyo, a 21-year-old South African resident, sold his drug-manufacturing plant
to Uncle Vinny (a local pharmacist) on 8 February 2023 for R600 000. Due to cash-flow
challenges, Uncle Vinny was not able to pay the purchase price in full and entered into an
agreement with Matenase to repay the amount in 6 equal monthly instalments. The first
payment of R100 000 was received by Matenase on 25 February 2023.
Advise Matenase on the amount to be included in his gross income for the 2023 year of
assessment. (1)
a. R0
b. R100 000
c. R500 000
d. R600 000
e. None of the above
2. Anele, a 65-year-old South African resident, retired from being a lecturer at the University
of Pretoria on 30 September 2022. For the 2023 year of assessment, he received the
following amounts:
• Salary R900 000
• Gain from sale of a 22-meter fishing boat R22 000
• Local dividends R18 000
• Retirement fund lump sum R2 100 000
Advise Anele on the amount to be included in his gross income for the 2023 year of
assessment. (2)
a. R900 000
b. R918 000
c. R3 018 000
d. R3 040 000
e. None of the above
Page 3 of 18
