Taxation

Taxation

12th Grade - University

14 Qs

quiz-placeholder

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Taxation

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Assessment

Quiz

Other

12th Grade - University

Practice Problem

Hard

Created by

ICT Gauteng

Used 2+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A teacher at the school may deduct his home loan before calculating tax.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Allowed expenses will only be expenses from January to December of a particular year.

False

True

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Employees may deduct their medical aid contributions before calculating tax.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

An employee must be able to provide evidence of all expenses if required by

False

True

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

UIF payments are not excluded from income tax calculations.

Treu

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Employees are obligated to pay 1% of their net salary to the fund.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The amount and period that can be claimed depend on the number of years of employment and salary.

False

True

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