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TAX2601 Assignment 6 Due November 2024
R50.00
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Dashboard / My courses / TAX2601-24-S2/ TAX2601 Home Page / Assessment 6
Question 1
Science and Technology under section 11D(9) on 30 June 2022. The following expenses relating to this research were incurred duthe 2023 year of assessment: Computer equipment purchased for R1 200 000 was brought into use on 1 September 2022 for the
purposes of this research. Research consumables for this project were purchased on 31 May 2022 for an amount of R360 000. Saof R700 000 were paid to research assistants on 31 December 2022. Calculate the allowance that Ngwenya (Pty) Ltd can claim fopurposes with regards to the computer equipment for the year ended 28 February 2023.
a. R200 000
b. R600 000
c. R1 800 000
d. R360 000
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