hekisizwe (Pty) Ltd is a property management company that manages rental properties on behalf of its clients, i.e. rental is collected from the tenants and paid over to the clients of the company (the owners of the properties). The following are the receipts of the company for the year of assessment ending 31 January 2024.Fees for property management services R 600 000Interest (1) R 54 200 Local dividends (2) R 25 000 Rentals (3) R 6 329 000 Notes: 1.The interest earned is from investment with a local bank. 2.Bhekisizwe (Pty) Ltd received dividends from the shares held in ABC (Pty) Ltd. 3.The rentals received were from properties owned by the clients of Bhekisizwe (Pty) Ltd. Calculate the taxable income of Bhekisizwe (Pty) Ltd for the year of assessment ended 31 January 2024 assuming the company incurred tax deductible expenditure of R317 400 and it is not a micro business or a small business corporation.
Question
hekisizwe (Pty) Ltd is a property management company that manages rental properties on behalf of its clients, i.e. rental is collected from the tenants and paid over to the clients of the company (the owners of the properties). The following are the receipts of the company for the year of assessment ending 31 January 2024.Fees for property management services R 600 000Interest (1) R 54 200 Local dividends (2) R 25 000 Rentals (3) R 6 329 000 Notes: 1.The interest earned is from investment with a local bank. 2.Bhekisizwe (Pty) Ltd received dividends from the shares held in ABC (Pty) Ltd. 3.The rentals received were from properties owned by the clients of Bhekisizwe (Pty) Ltd. Calculate the taxable income of Bhekisizwe (Pty) Ltd for the year of assessment ended 31 January 2024 assuming the company incurred tax deductible expenditure of R317 400 and it is not a micro business or a small business corporation.
Solution
Para calcular el ingreso imponible de Bhekisizwe (Pty) Ltd para el año de evaluación que finaliza el 31 de enero de 2024, debemos considerar los ingresos y deducir los gastos deducibles de impuestos. Aquí están los pasos detallados:
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Ingresos Totales:
- Honorarios por servicios de gestión de propiedades: R 600 000
- Intereses: R 54 200
- Dividendos locales: R 25 000
- Alquileres: R 6 329 000
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Determinación de ingresos imponibles:
- Los honorarios por servicios de gestión de propiedades son ingresos imponibles.
- Los intereses de inversiones con un banco local son ingresos imponibles.
- Los dividendos locales recibidos de las acciones en ABC (Pty) Ltd no son imponibles, ya que los dividendos locales están exentos de impuestos en Sudáfrica.
- Los alquileres recibidos de las propiedades de los clientes no son ingresos imponibles para Bhekisizwe (Pty) Ltd, ya que estos alquileres se recaudan en nombre de los clientes y se pagan a ellos.
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Cálculo del ingreso imponible:
- Honorarios por servicios de gestión de propiedades: R 600 000
- Intereses: R 54 200
- Dividendos locales: R 0 (exentos)
- Alquileres: R 0 (no imponibles)
Ingresos imponibles totales: R 600 000 + R 54 200 = R 654 200
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Deducción de gastos deducibles de impuestos:
- Gastos deducibles de impuestos: R 317 400
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Ingreso imponible neto: R 654 200 - R 317 400 = R 336 800
Por lo tanto, el ingreso imponible de Bhekisizwe (Pty) Ltd para el año de evaluación que finaliza el 31 de enero de 2024 es R 336 800.
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