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Ngwenya (Pty) Ltd purchased a trademark called Nix on 1 November 2024 and a pate...
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Ngwenya (Pty) Ltd purchased a trademark called Nix on 1 November 2024 and a patent called Tix on 1 December 2024. The trademark cost was R740 000 and the cost of the patent was R690 000.
Calculate the deduction or allowance available to Ngwenya (Pty) Ltd for the year of assessment ending 28 February 2025.
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