Silke on South African Income Tax Notes

LML4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) QUESTION 1 (GROSS INCOME) Mr Makubu is a South African resident who owns a panel beating (motor vehicle repair) business, His-Way Mechanics, in Pretoria. On 13 January 2023, Mr Makubu entered into a contract with Mr Naidoo whereby Mr Makubu was to purchase parts needed for the repair of vehicles in his business in Pretoria. The agreement provided that Mr Naidoo would be paid R10 000 upo...

This document provides a detailed summary of the Special Deductions dealt with in the Tax Legislation

This document provides a detailed summary of FOREX found in the tax legislation

This document provides a detailed summary of the exempt income dealt with in the Tax legislation.

This document provides a detailed summary of capital allowances dealt with in the Tax Legislation.

This document provides a detailed summary of Investment and funding of instruments dealt with in the Tax Legislation

This document provides a detailed summary of recoupment in the tax legislation.

This document provides a detailed summary of the trading stock found in the tax legislation.

This document provides a detailed summary of the prohibited deductions dealt with in the Tax Legislation

These notes provide a comprehensive detail of the VAT Act dealt with in 3rd year.

LML4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) QUESTION 1 (GROSS INCOME) Mr Makubu is a South African resident who owns a panel beating (motor vehicle repair) business, His-Way Mechanics, in Pretoria. On 13 January 2023, Mr Makubu entered into a contract with Mr Naidoo whereby Mr Makubu was to purchase parts needed for the repair of vehicles in his business in Pretoria. The agreement provided that Mr Naidoo would be paid R10 000 upo...

This document provides a detailed summary of the Special Deductions dealt with in the Tax Legislation

These notes provide a comprehensive detail of the VAT Act dealt with in 3rd year.

This document provides a detailed summary of capital allowances dealt with in the Tax Legislation.

This document provides a detailed summary of the prohibited deductions dealt with in the Tax Legislation

This document provides a detailed summary of the trading stock found in the tax legislation.

This document provides a detailed summary of FOREX found in the tax legislation

This document provides a detailed summary of Investment and funding of instruments dealt with in the Tax Legislation

This document provides a detailed summary of the exempt income dealt with in the Tax legislation.