Calculate his tax saving from this lease agreement as applicable for the farming concern. Calculate...
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Accounting
Calculate his tax saving from this lease agreement as applicable for the farming concern. Calculate (a) to (m). (Please draw over the table and not just number them). Date Deductible financing cost Total deductible amount Marginal rate of taxation Total tax saving R34040 Deductible amount with regard to cost price of Truck n/a b) le) n/a n/a 26/02/14 26/02/15 28/02/16 28/02/17 28/02/18 RB5100 R85100 c Lel 0 0 40% 40% 40% 40% 40% E R85100 0)
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