logo

Crowdly

Browser

Add to Chrome

Ngwenya (Pty) Ltd has a 28 February 2025 year end. The company made the followin...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

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.

Calculate the amount that is deductible for the 2025 year of assessment.
0%
0%
0%
0%
More questions like this

Want instant access to all verified answers on mymodules.dtls.unisa.ac.za?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Browser

Add to Chrome