Amanda is 32 years old and during the current year of assessment she had the following income and expenses:* Income Salary of R220 000* Bonus of R66 000EXPENSES:* Retirement annuity fund contributions of R11 000* Pension fund contributions of R11 000You may assume that her remuneration for the year is R242 000. YOU ARE REQUIRED to calculate the retirement fund contribution deduction which she will be allowed to deduct from her taxable income for the current year of assessment.a.R66 550b.R78 650c.R22 000d.R11 000Clear my choice

Andrew is 48 years old. He earned a salary of R380 000, a bonus of R60 000. He contributes 5% of his salary and bonus to a retirement fund. His employer also contributed 5% of his salary and bonus. You may assume that his remuneration is R504 000. YOU ARE REQUIRED to determine the retirement fund contribution deduction which he will be allowed to deduct from his taxable income for the current year of assessment.a.R22 000b.R145 475c.R44 000d.R138 600

Anthony is 58 years old. During the current year of assessment, he earned a salary R544 000. He contributed R67 000 to a provident fund. Antony and his employer contributed R62 000 each to his pension fund. You may assume that his remuneration is R626 400.YOU ARE REQUIRED to determine the retirement fund contribution deduction which he will be allowed to deduct from his taxable income for the current year of assessment.a.R62 000b.R129 000c.R169 128d.R67 000

Lesedi is 25 years old. She is a single mother of two. Lesedi and her two children belong to a medical aid. During the current year of assessment her employer contributed R22 222 to her medical aid scheme and R33 333 to her retirement annuity fund on behalf. Lesedi made equal contributions to her medical aid scheme and to her retirement annuity fund. YOU ARE REQUIRED to calculate the taxable benefit that should be included in Lesedi’s gross income for the current year of assessment.a.R33 333b.R55 555c.R22 222d.R111 111

Cathy Good is 38 years old. She is a Psychologist. During the current year of assessment, she earned a salary R1 300 000. She contributed 13% of her salary to a retirement fund. Her employer contributed 14% of her salary to her retirement fund. Her remuneration for the current year of assessment is R1 614 000. YOU ARE REQUIRED to calculate the total amount contributed to Cathy Good’s retirement fund in the current year of assessment.a.R351 000b.R169 000c.R483 000d.R182 000

Sidney Aus is 64 years old and married with 2 children. She is fully employed and earned a salary of R1 690 000 for the current year of assessment. She also made contributions to a medical aid fund of R25 000 and her employer also contributed a further R65 000. In addition to the above she received the following income:Local dividends of R10 000,Interest received from a South African investment of R19 000.YOU ARE REQUIRED to determine the total amount which will be included in Sidney's Gross income for the current year of assessment.Select one:a.R1 780 000b.R1 784 000c.R1 690 000d.R1 755 000