Bhekisizwe (Pty) Ltd, a micro business, registered its business at the commencement of the 2023 year of assessment and started trading immediately. Its cash turnover for the period was R650 000.   Calculate the tax payable for Bhekisizwe (Pty) Ltd for the 2023 year of assessment.   a.   R5 650   b.   R4 650   c.   R1 650   d.   R6 650

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Bhekisizwe (Pty) Ltd, a micro business, registered its business at the commencement of the 2023 year of assessment and started trading immediately. Its cash turnover for the period was R650 000.

 

Calculate the tax payable for Bhekisizwe (Pty) Ltd for the 2023 year of assessment.

 

a.

 

R5 650

 

b.

 

R4 650

 

c.

 

R1 650

 

d.

 

R6 650

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