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  3. a normal trust had taxable income of r400 000 and

A normal trust had taxable income of R400 000 and a net capital gain of...

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Accounting

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A normal trust had taxable income of R400 000 and a net capital gain of R120 000 for the year of assessment ended 28 February 2023. The trust paid the following provisional tax for the year: Required: Calculate the following for a normal trust for the year ended 28 February 2023. 3.1 Taxable income 3.2 Taxation payable or refundable

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