Crowdly
Add to Chrome
Ngwenya (Pty) Ltd had the following bad debts as at 28 February 2025: Bad deb...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Ngwenya (Pty) Ltd had the following bad debts as at 28 February 2025:
Bad debts - relating to trade debtors - Namibian located customers = R67 000
Bad debts - relating to trade debtors - South African located customers = R153 000
Bad debts - relating to loans made to former employees = R16 800 (including interest charged on the loans of R980)
Calculate the amount that Ngwenya (Pty) Ltd can deduct for tax purposes with regards to the bad debts it has incurred during the year of assessment ending on 28 February 2025.0%
0%
0%
❌