Otro
TAX1501 ASSIGNMENT 2 FOR 2ND SEMESTER 2024
- Grado
- Institución
Kindly note that the questions may differ
[Mostrar más]Vista previa 3 fuera de 19 páginas
Vista previa 3 fuera de 19 páginas
Añadir al carrito
Añadir al carrito
Vendedor
Seguir
FENDTUTORIALS
Comentarios recibidos
Vista previa del contenido
TAX1501ASSIGNMENT 2 FOR 2ND SEMESTER 2024
FEND TUTORIALS
,Question 1
Not yet answered
Marked out of 1
Flag question
Question text
During the 2024 year of assessment, Tshepo (aged 29) earned a salary of R390,000. Tshepo
contributed R38,000 to DEF Medical Aid Scheme. He is claiming allowable out-of-pocket medical
expenses of R12,500. Tshepo is the main member with no dependants. You are required to calculate
Tshepo’s AMTC.
a.
R1 320
b.
R1 742
c.
R4 368
d.
R4 528
Question 2
Not yet answered
Marked out of 1
Flag question
Question text
Thabo Mokoena is 67 years old and employed as an accountant. He is the main member on Bonitas,
a registered medical scheme. His wife and their three children are dependent members of the same
scheme. He contributed R8,500 a month to the medical scheme. In addition, he paid qualifying
medical expenses of R18,300 that were not reimbursed by the medical scheme. His taxable income
was R720,000. None of the members registered in the medical scheme has been diagnosed as a
person with a disability as defined by a registered medical practitioner in accordance with the criteria
prescribed by the Commissioner. YOU ARE REQUIRED to calculate the additional medical
expenses tax credit for the current year of assessment.
Whatsapp Marlvin @ +2763 173 8181
, a.
R17 592
b.
R0
c.
R22 485
d.
R1 017
Question 3
Not yet answered
Marked out of 1
Flag question
Question text
Thabo is 29 years old. In the current year of assessment, he had a taxable income of R320 000. He is
married in community of property to Zanele. They have two minor children, one of whom is
diagnosed with a disability as defined. Thabo registered the disabled child into his medical aid
scheme. He contributes R2 000 a month to the medical scheme, and his employer contributes R2 000
per month. He paid R30 000 qualifying medical expenses for the year. Zanele has her own medical
aid. She registered the other child in her medical aid. They have been members of the medical aid
scheme for the full year of assessment. Calculate Thabo's medical scheme fees tax credit for the
current year of assessment.
a.
R11 688
b.
R4 368
c.
R8 736
d.
R0
Question 4
Not yet answered
Marked out of 1
Flag question
Question text
Whatsapp Marlvin @ +2763 173 8181
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
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.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller FENDTUTORIALS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for 2,69 €. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now