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Taxable capital gain and donation deduction

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Reference no: EM133258417

Question

A taxpayer has a taxable income of R192 971 before taking into account their taxable capital gain and their donation deduction. You may assume that their taxable capital gain was correctly calculated at R29 672.The taxpayer made a donation of R11 432 to a school.

How much will the taxpayer be able to deduct from their taxable income in respect of the donation?

Reference no: EM133258417

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