The definition of "gross income" is an important definition in the determination of a person's taxable income, in the following situations, the inclusion of the relevant amount within gross income needs to be determined. all taxpayers are residents of
the republic.
Kylie Monague
carries on business as an author (a writer of books). she writes her books in South Africa. During the 2018 year of assessment, a royalty the equivalent of R10000 accrued to her from the sales, in Zimbabwe, of a book written by her.
ELVIS THAVER
is employed as a salesperson by a retailer, During the 2018 year of assessment the won a prize for being its most productive salesperson of the year. The prize was an all-inclusive, two-week holiday at a seaside resort, valued at R20000 (this amount was also the cost of this prize to his employer)