a 41-year-old South African male earns a salary and rental income. The following events took...
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Accounting
a 41-year-old South African male earns a salary and rental income. The following events took place during the 2023 tax year: 31 August 2022: he submitted his first provisional tax return for the 2023 year of assessment and made a payment of R25 500. 30 November 2022: Arthur received his assessment for the 2022 tax year, which indicated a final assessed taxable income for the 2022 tax year as R611 000 (including an R8 000 capital gain). 28 February 2023: his employees tax withheld for the year (March 2022 February 2023) totals R112 000. Calculate his second provisional tax payment for the 2023 year of assessment, assuming that he was not sure what his taxable income for the 2023 year of assessment would be and decided to use his basic amount in the calculation
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