Thank you so much, you explain so well. 1. leasehold improvement agreement in place, limited to R1.5 million, R1.8 million - R1.5 million = R300k not deductible. 2. Restraint of trade R600K/3 years = R200k deductible in 2021 year of assessment
Excellent presentation, I hadn't touched the books but i now have an idea of what to expect in the topic and how to approach. I like how you explained the principles of the general deduction formula using cases.
hi mam,amount deductible for restraint of trade is 200 000 and for leasehold improvements ( (1500 000/15 ) * 5/12) assuming that the year commence on 1st of March . Am I doing it right ?
Thank you so much, you explain so well.
1. leasehold improvement agreement in place, limited to R1.5 million, R1.8 million - R1.5 million = R300k not deductible.
2. Restraint of trade R600K/3 years = R200k deductible in 2021 year of assessment
Love the way you explain concepts , I used your videos last semester and I bagged myself a tax pass!
Thanks for the positive feedback. It really motivates me to keep making more content
Excellent presentation, I hadn't touched the books but i now have an idea of what to expect in the topic and how to approach. I like how you explained the principles of the general deduction formula using cases.
Thanks for the positive feedback.♥️
17:16/38:22 I wanted to say "the last aspect of the general deduction formula" not gross income definition. Apologies for that!🙈😁
I love your Channel!!! Helping me a lot through my Tax Course
Hi Thandiwe, thanks for the positive feedback!:-)
Hi
Can we please have a video on Natural person's
Thank you❤
This was really helpful ❤️
Hi Matema
Thank you so much for sharing these videos with us. Can we expect a video on Capital Gains Tax?
Yes, soon
hi mam,amount deductible for restraint of trade is 200 000 and for leasehold improvements ( (1500 000/15 ) * 5/12) assuming that the year commence on 1st of March . Am I doing it right ?
🔥🔥🔥🔥🔥🔥🔥🔥🔥😔😔😔