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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 earned R360000 this year and contributed R150000 to your retirement annuity. If your maximum deduction limit is 27.5% of your income (and below the R350,000 cap), how much of your contribution cannot be deducted this year and will be carried forward to future years?
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