Ngwenya (Pty) Ltd made a cash donation of R35 000 to a public benefit organisation (PBO) approved by the Commissioner and received a section 18A receipt from it. Assume Ngwenya (Pty) Ltd has a taxable income of R480 000 for its year of assessment ending on 28 February 2025, before allowing a deduction for donations in terms of section 18A.

Ngwenya (Pty) Ltd has a 28 February 2025 year end. The company made the following special payments during the 2025 year of assessment:

1) R35 000 pension annuity payment payable for life to Lelo Shlali a former employee who retired three years ago as a result of old age.

2) R45 000 payment payable annually for the next 10 years to Shaba Lala who won the lotto and ceased working.

3) R85 000 annuity payable annually to Sally Shange, a dependant of a former employee, Ricky Shange who deceased on 1 October 2024.

Ngwenya (Pty) Ltd made a restraint of trade payment of R2 300 000 to a retiring employee, Mr Msomi, on 1 January 2025. Mr Msomi was restrained from competing with the company for two years from the date of the payment. This payment will be included in Mr Msomi's gross income for his 2025 year of assessment.

Calculate how much will be deductible by Ngwenya (Pty) Ltd for the year of assessment ending 28 February 2025.

Ngwenya (Pty) Ltd has a 28 February 2025 year end. The company made the following payments during the 2025 year of assessment:

1) R55 000 annual annuity for life to Mrs Zikalala, a dependant of a former employee, Mr Zikalala, who retired due to old age in 2022.

2) R45 000 annual annuity for life to a former employee, Mrs Swarts who retired after being diagnosed with a terminal illness.

On 31 October 2023, Ubuntu (Pty) Ltd acquired and brought into use a new (unused) mainframe file server (non-manufacturing asset) for R460 000. On 1 December 2024, the company incurred moving costs of R55 000 to move the asset from its Johannesburg branch to its Durban branch.

Calculate the total capital allowance to be claimed by Ubuntu (Pty) Ltd on the asset for the 2025 year of assessment ending 28/29 February. Assume Ubuntu (Pty) Ltd is a Small Business Corporation, as defined in the Act.

Ngwenya (Pty) Ltd incurred the following legal expense during the 2025 year of assessment ended 28 February 2025:

Ngwenya (Pty) Ltd incurred some research and development costs. The research and development was approved by the Minister of Science and Technology under section 11D(9) on 30 June 2024. The following expenses relating to this research were incurred during the 2025 year of assessment:

-Computer equipment purchased for R1 300 000 was brought into use on 1 September 2024 for the purposes of this research.

-Research consumables for this project were purchased on 31 May 2024 for an amount of R370 000.

-Salaries of R720 000 were paid to research personnel on 31 December 2024.

Ubuntu (Pty) Ltd owns an office building from which it earns rental income. It was forced to replace the roof due to deterioration (aging) over the years. The original roof was made of corrugated iron, but the company decided to use roof tiles to fit in with the appearance of other buildings in the office park. The total cost of the replacement amounted to R310 000.

Determine the amount that Ubuntu (Pty) Ltd can deduct as repairs in calculating the taxable income for the 2025 year of assessment ending 28 February.

Ngwenya (Pty) Ltd in December 2024, sponsored a national weightlifting championship with branded equipment (displaying their logo) worth R230 000.

How much can Ngwenya (Pty) Ltd deduct from its income for the year of assessment ended 28 February 2025.

Ngwenya (Pty) Ltd manufactures vehicles. During the year of assessment the company incurred the following costs to manufacture one vehicle:

-Production costs = R2 950 000

-Testing costs to get the vehicle roadworthy = R94 000

-Delivery truck traffic fine - worn-out windshield wipers = R1 800

-Transportation costs to the warehouse = R28 000