Crowdly
Add to Chrome
Ngwenya (Pty) Ltd leases a one-bedroom flat in Durban for a one-year period from...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Ngwenya (Pty) Ltd leases a one-bedroom flat in Durban for a one-year period from 1 August 2024 to 31 July 2025 for its employees who must travel from other locations to work in Durban for extended periods of time. The company paid the annual rental of R140 000 in advance on 1 August 2024.
How much is deductible by Ngwenya (Pty) Ltd in determining its taxable income for the year of assessment ended 28 February 2025.
0%
0%
0%
0%