Theobald St John is aged 38 years and his wife, Theodora St John, 35 years....
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Accounting
Theobald St John is aged years and his wife, Theodora St John, years. They are both residents of the republic. Theobald and Theodora St Johns earnings for the year of assessment were as follows: Salary Thoebald St John Local dividends Theobald St John Local interest not from a taxfree investment Theobald St John Salary Theodora St John Local interest not from a taxfree investment Theobald St John incurred and paid the following expenditure and made the following contributions during the year of assessment: R towards the maintenance of his aged mother R each towards the support of an invalid uncle and aunt R toward a retirement annuity fund R to a pension fund being of his salary R on life insurance premiums on his own life Rqualifying medical expenseshe is not a member of a medical scheme Theodora St John was employed on a parttime basis and worked for only three months during the year of assessment earning R a month see above REQUIRED: Determine the normal tax liabilities of Theobald and Theodora St John.
Theobald St John is aged years and his wife, Theodora St John, years. They are both
residents of the republic.
Theobald and Theodora St Johns earnings for the year of assessment were as follows:
Salary Thoebald St John
Local dividends Theobald St John
Local interest not from a taxfree investment Theobald St
John
Salary Theodora St John
Local interest not from a taxfree investment
Theobald St John incurred and paid the following expenditure and made the following contributions
during the year of assessment:
R towards the maintenance of his aged mother
R each towards the support of an invalid uncle and aunt
R toward a retirement annuity fund
R to a pension fund being of his salary
R on life insurance premiums on his own life
Rqualifying medical expenseshe is not a member of a medical scheme
Theodora St John was employed on a parttime basis and worked for only three months during the
year of assessment earning R a month see above
REQUIRED:
Determine the normal tax liabilities of Theobald and Theodora St John.
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