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TAX2601-25-S1 Principles of Taxation

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ALL formative assessments will be made available under the relevant tab on the TAX2601 module site at once at the beginning of the semester.

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If a student fails the TAX2601 module in one semester, the student may be granted a further opportunity to write the supplementary examination in the following semester.

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At the end of the semester a student will write an examination for TAX2601.

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The due date and time for assessment 1 of Semester 1 of 2025 is:

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Which email address must be used for TAX2601 module specific queries?

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Once your answer to a written formative assessment (in pdf format) has been uploaded you must open it and check whether the correct document has in fact been uploaded. If the wrong document was indeed uploaded, you can re-upload the correct document.

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If a student uses someone else's assessment answer (whether obtained on social media, purchased from anyone, or by working together in a study group) and changes it a little bit, it will not constitute plagiarism (cheating).

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What must you do before commencing an assessment?

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The answers to the written formative assessment (assessment 1) may be submitted in Word, Excel or PDF format.

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Ngwenya (Pty) Ltd had closing trading stock with a value of R1 200 000 at the end of the company's year of assessment on 29 February 2024. The trading stock was sold by the company for R1 400 000 during its 2025 year of assessment ended 28 February 2025.

Calculate taxable income of Ngwenya (Pty) Ltd for 2025 year of assessment.

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