Page 35 - SAICA Tax Day 2 Slides
P. 35

GR
                                                                                              GROSS INCOMEOSS INCOME



            Accrued to









            Example 1


            • Mr B is retrenched on 1 February 2014 and received 4

                months’ pay of R80 000 in lieu of notice. When will the


                amount be included in income?


            Solution:



            • Mr B will include the amount of R80 000 in his gross income

                on 1 February 2014 as this is the day that he becomes

                unconditionally entitled to it. (Lategan case and Mooi case)













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