100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
TAX3701 EXAM PACK 2022 $2.77
Add to cart

Exam (elaborations)

TAX3701 EXAM PACK 2022

21 reviews
 1156 views  85 purchases
  • Course
  • Institution
  • Book

Latest exam pack questions and answers and summarized notes for exam preparation. for assistance. All the best on your exams!!

Last document update: 2 year ago

Preview 2 out of 230  pages

  • April 3, 2020
  • June 13, 2022
  • 230
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

21  reviews

review-writer-avatar

By: pietkomane • 2 year ago

review-writer-avatar

By: prisca27 • 2 year ago

there was no assignment 2 for 2022 in the pack

review-writer-avatar

By: arehonemunyai • 2 year ago

review-writer-avatar

By: boitumelomapulamorobane • 3 year ago

review-writer-avatar

By: prelisha • 3 year ago

review-writer-avatar

By: givenmaringa • 3 year ago

review-writer-avatar

By: jmolapo • 2 year ago

Show more reviews  
avatar-seller
TAX3701

EXAM PACK

, TAX3701
Sept – Nov 2021

UNIVERSITY EXAMINATIONS




September-November 2021

TAX3701
Taxation of Business Activities
100 Marks
Duration 3 Hours


This paper consists of seven (8) pages

IMPORTANT INSTRUCTIONS:

Assumptions:

1. All amounts exclude Value-Added Tax (VAT) unless specifically stated otherwise.
2. The VAT rate changed from 14% to 15% on 1 April 2018.
3. All persons mentioned are residents of the Republic of South Africa unless stated
otherwise.
4. SARS = South African Revenue Service.

The answering of this paper:

1. This paper consists of five (5) questions.
2. All questions must be answered.
3. Each question must be commenced on a new (separate) page.
4. 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 is exempt from tax or not
allowable as a deduction, this must specifically be indicated, and a short reason should be
provided. All amounts must be rounded to the nearest Rand.
5. Please complete the cover page of the answer book in full.
6. You are reminded that answers may NOT be written in pencil.
7. Proposed timetable:
(As far as possible, try not to deviate from this timetable):


Question Topic Marks Minutes
1 Company income tax liability 30 54
2 Provisional tax and dividends tax 25 45
3 Value-Added Tax (VAT) 20 36
4 Capital gains tax 20 36
5 General deduction formula 5 9
TOTAL 100 180




-3-

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller iStudy. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.77. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53022 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.77  85x  sold
  • (21)
Add to cart
Added