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Retirement Annuity Deduction (South Africa) Knowledge Check

Sharpen your retirement annuity deduction (south africa) skills with algorithmically generated problems. Each attempt produces unique values to test your formula knowledge.

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You have an annual taxable income of R700000 and have already contributed R30000 to your RA this year. Assuming this is below the R350,000 cap, how much more can you contribute this year to exactly reach your 27.5% deduction limit?

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