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Ngwenya (Pty) Ltd made a cash donation of R35 000 to a public benefit organisati...
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Ngwenya (Pty) Ltd made a cash donation of R35 000 to a public benefit organisation (PBO) approved by the Commissioner and received a section 18A receipt from it. Assume Ngwenya (Pty) Ltd has a taxable income of R480 000 for its year of assessment ending on 28 February 2025, before allowing a deduction for donations in terms of section 18A.
Calculate Ngwenya (Pty) Ltd's taxable income for its 2025 year of assessment.0%
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