Asked by Anonymous on 28-03-2021 18:42:36
Question posted in the General Law category relating to Eastern Cape
Margaret aged 45 is a South African as defined, during the 2020 year of assessment she received interest equivalent to R1250 from a UK bank and foreign dividends of r1300(she owns less than 10% of the issued shares in the specific company).
She also earned local interest of r19300 and interest from a SA collective investment scheme in securities of R2600.
What is Margaret's taxable income?
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