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Jabu Mhlongo, a resident of the Republic operates a small arts and crafts business in Hout Bay, Cape Town.

The following items relate to the $2023$ year of assessment:

$$ During May $2022,$ Jabu sold supplies to a dealer in Mozambique for a cash price of R$90000.$

$$ Jabu sold some arts and crafts that had been in his family for generations. He had been using it in his

home. He sold it for cash for R$70000.$

$$ During February $2023,$ Jabu was paid a non$-$refundable deposit of R$10000$ from a customer for items

to be delivered to her in Tshwane during March $2023.$

$$ During June $2022,$ Jabu travelled to Swaziland and carried out work on antique paintings and

homeware. A debt of R$15000$ for his work was still outstanding on $28$ February $2023.$

$$ While in Swaziland, Jabu gambled at a local casino. His net winnings were R$120000.$

$$ He invested R$40000$ of his winnings in a six$-$monthly fixed deposit in a financial institution in

Swaziland. Interest calculated at $7\%$ per annum for the six months ended $31$ December $2022$ was

credited to his bank account in South Africa. It is payable every six months.

Required:

Briefly discuss, giving full reasons, whether the above amounts will be included in Jabu Mhlongo$$s gross

income for the $2023$ year of assessment. Ignore capital gains tax.

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