Benjamin, aged 37, pays R3,100 monthly towards his medical aid scheme, which covers himself, his spouse, and their four minor children. His employer contributes R2,800 monthly towards the medical scheme. Benjamin's annual salary is R360,000. He incurred qualifying medical expenses of R20,300, not covered by the medical aid. Both Benjamin and his employer contributed throughout the assessment year. Benjamin's eldest child has been diagnosed with a disability according to the criteria set by a registered medical practitioner. YOU ARE REQUIRED to calculate the medical scheme fees tax credit for the current year of assessment.a.R4 519b.R0c.R20 544d.R9 813Clear my choice

Samantha Sithole is 37 years. She belongs to a medical fund and makes monthly contributions to this fund in respect of herself, her spouse (a dependant) and two children (both dependants). She paid R25 000 to the medical scheme during the current year of assessment and she also incurred and paid for qualifying medical expenses of R15 000 during this year. Her taxable income is correctly calculated as R299 300. None of the members registered in the medical scheme has been diagnosed as a person with disability as defined by a registered medical practitioner in accordance with the criteria prescribed by the Commissioner. YOU ARE REQUIRED to calculate the medical scheme fees tax credit for the current year of assessment.a.R4 995b.R14 640c.R10 252d.R0

Lungile's employer contributed R1 900 per month to his medical aid scheme on his behalf. Lungile also contributed R1 700 per month. Calculate the taxable portion of Lungile's fringe benefit for the year of assessment.a.R22 800b.R43 200c.R20 400d.R3 600

Anthony is 58 years old. During the current year of assessment, he earned a salary R544 000. He contributed R67 000 to a provident fund. Antony and his employer contributed R62 000 each to his pension fund. You may assume that his remuneration is R626 400.YOU ARE REQUIRED to determine the retirement fund contribution deduction which he will be allowed to deduct from his taxable income for the current year of assessment.a.R169 128b.R62 000c.R67 000d.R129 000

Anthony is 58 years old. During the current year of assessment, he earned a salary R544 000. He contributed R67 000 to a provident fund. Antony and his employer contributed R62 000 each to his pension fund. You may assume that his remuneration is R626 400.YOU ARE REQUIRED to determine the retirement fund contribution deduction which he will be allowed to deduct from his taxable income for the current year of assessment.a.R62 000b.R129 000c.R169 128d.R67 000

Colin is 65 years old. He is married to Rebecca. Rebecca is 55 years old.During the current year of assessment Colin earned the following income:Salary from employer of R835 000Interest on savings account with local bank of R19 650Interest on a tax-free investment account with a South African bank of R3 000Dividends from a South African company of R12 000During the current year of assessment Rebecca earned the following income:Local dividends of R60 000Colin’s Employees’ tax deducted from his salary is R223 328. Colin and Rebecca are married out of community of property. YOU ARE REQUIRED to calculate Colin’s gross income for the current year of assessment.Select one:a.R60 000b.R882 325c.R869 650d.R488 488