Frieda Van Wyk, aged 35, is an audit manager at CapeTown Auditors. She divorced her husband, Davis, on 1 April 2016. Frieda and Davis have 1 daughter, Caitlyn – aged 6, who stayS with Frieda in Cape Town. In her free time, Fri.a does private consultation work. The following is aPlalicable fOr the 2020 Year Of assessment: 1. Frieda earns a basic monthly salary of RSS 000, that is paid directly into her bank account. R130 000 was withheld from her annual salary in respect of emplOyee’s tak for the 2020 Year of assesSmeht 2. In addition. Frieda received the following during the year • Income from private consultations. R905 600 • Child maintenance from Davis on monthly basis RI 500 • Interest: • Foreign investment R8 430 • Local investment R3 .0 • Dividends from Investec SA R2 000 • Dividends from Dell New York RI 300 3. Frieda is a member of the Cape Medical Aid Fund. She registered Caitlyn as her dependent. Her monthly premiums are R5 800. Her employer contributes 50% of the monthly premiums. 4. All employees of Cape Town Auditors are required tO contribute to the Provident fund. CaPe Town Auditors contribute 5% and the employees contribute 3% of the salary. 5. Frieda and her daughter stay in a 4-bedroom apartment owned by her employer. Cape Town Auditors pays all their electricity and other municipal services, but she furnished the house herself. She does not pay any rent towards the accommodation. Her remuneration proxy amounts to R4. 000 6. Cape Town Auditors provided Frieda with a laptop with a Specialised audit software that she uSes for her audit client. She also uses the laptop for her private clients that require audit consultation, but seldomly. This costs Cape Town Auditors RI 200 per month. 7. Frieda has the right of use of a luxury motor vehicle (as defin. for VAT purposes, since 1 June 2019. This vehicle is leased by Cape Town Auditors, at R1S 000 (including VAT, per month, under an -operating lease’ as defined in section 23A. The cash cost price of the vehicle would have been
R741 000 (including VAT,. Frieda travelled 21 000 kilometres in total with the luxury motor vehicle and her accurate logbook proves that 11 000 kilometres ther.f was travelled for business purposes. Cape Town Auditors also paid the fuel costs amounting to R2 500 per month. Frieda was only responsible for the payment of the luxury motor vehicle’s licence and paid an amount of RI 200 to the relevant authorities on 15 March 2019. 8. All employees at Cape Town Auditors receive lunch when they are working from the office. Frieda received lunch worth R6 800 during the 2020 year of assessment. She paid a total of R3 400 for the lunch. Cape Town Auditors does not have a canteen at their offices. 9. On 24 lune 2019, Frieda need. tax assistance for one of her private clients. She consultant the tax department at Cape Town Auditors and paid R2 000. The cost to Cape Town Auditors for the services rendered was R4 200.
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