Page 93 - Test 1 Slides - 4. Gross Income

GROSS INCOME

Exempt Income

Gross Income – Exempt Income = Income

NB! All amounts must first be included in gross income

before applying the relevant exempt income section.

Partial Exemptions s10(1)

(c) Salaries and Emoluments: of non-RSA government officials

stationed in RSA but not ordinarily resident or their servants

(g) War pensions

(gC) Foreign pensions: amounts received from the social

security system of another country

(h) RSA source interest accruing to non residents

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