During the 2022 year of assessment, the relevant amounts for calculating Steph’s taxable income were as follows:
Deductions = R30 000
Specific Inclusions = R12 000
Gross Income = R190 000
Exempt Income = R200
What was Steph’s taxable income for the 2022 year of assessment?
Correct
Incorrect
Question 2 of 3
2. Question
Steph’s cousin, Stephen, takes a gap year after university in 2022 to travel the world and works odd jobs in the different countries he travels to. During the 2023 tax year (ending in February 2023) Stephen is only in South Africa for a total of 60 days. He still considers South Africa to be his home and plans to get a job and live in South Africa after returning from his travels in 2023. Is Stephen a South African resident for tax purposes in the year of assessment ending in February 2023?
Correct
Incorrect
Question 3 of 3
3. Question
Income earned by Steph during the month of April 2022 falls under the 2022 tax year?
Correct
Incorrect
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