Thread Killer Mk X

Status
Not open for further replies.
Wyvern said:
Question 1


SALES 900 000
RENTAL INCOME (15 000 x 8) 1 July 2013 - 28 February 2014 120 000
TRADE STOCK (85 000 + 7600) -92 600
RESTRAINT OF TRADE (120 000/5) Remember that restraint of trade payments is over the lesser of 3 years and the actual period. So you use the 5 years. -24 000
ANNUITIES AND LEAVE PAY ( 25 000 + 50 000) -75 000
TRADE MARK NOT DEDUCTIBLE IT IS OF A CAPITAL NATURE Rnil
BAD DEBTS -16 400
DOUBLE DEBTS ALLOWANCE 2013: 16 000 X 25% 4 000
2014: 62 000 X 25% -15 500
DIVIDENDS INCOME 35 000
LESS: EXEMPT INCOME (DIVIDENDS) -35 000
SALARY -180 000
DEBTORS (11 500) The owners personal legal fees are not going to create revenue for the shop, so the R2500 is not deductible. -11 500
594 000
DONATIONS (591 500 X 10 %) is less than 60 000 51 150

TAXABLE INCOME 542 850

TAX PAYABLE @ 21% (((542 850 – 36500) X 21%) + 20 852) 127 185.50

LESS: PROVISIONAL TAX Rnil

TAX LIABILITY 127 185.50



Dude that is what I have to do almost everyday to pass my one exam = no time
Click to expand...

Ingame noob. Real life pro :p

InSanity said:
Dude we were watching Godzilla me and X and you should've heard all the references"aww yeah he used his ulti","shit his ulti is on CD he should get refresher", "yes his ulti just came off CD rampage", "fuck someone giff him a tango "

it was much lolies :D
Click to expand...

You know Snare, Dada, and I commend or report each in real life? It's silly :o

DieGrootHammer said:
Good to see the forums a bit more active, even if it is due to the competition.
Click to expand...

It is what it is.
 
Status
Not open for further replies.
Back
Top