QUESTION TWO [30] Theobald St John is aged 38 years and his wife, Theodora...

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Accounting

QUESTION TWO
[30]
Theobald St John is aged 38 years and his wife, Theodora St John, 35 years. They are both residents of the republic.
Theobald and Theodora St John's earnings for the 2022 year of assessment were as follows:
\table[[Salary - Thoebald St John,240000],[Local dividends - Theobald St John,21200],[Local interest (not from a tax-free investment)- Theobald St,47400],[John,32400],[Salary - Theodora St John,41400]]
Theobald St John incurred and paid the following expenditure and made the following contributions during the 2022 year of assessment:
R24000 towards the maintenance of his aged mother
R6000 each towards the support of an invalid uncle and aunt
R3000 toward a retirement annuity fund
R14400 to a pension fund (being 6% of his salary)
1
R600 on life insurance premiums on his own life
R20465 "qualifying medical expenses" (he is not a member of a medical scheme).
Theodora St John was employed on a part-time basis and worked for only three months during the 2022 year of assessment earning R10800 a month (see above).
REQUIRED:
2.1. Determine the 2022 normal tax liabilities of Theobald and Theodora St John.
(30)
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