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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.