"The personal income tax brackets will be increased by 5 percent, which is more than inflation. This will provide R2.2 billion in tax relief. Most of that relief will reduce
tax burden on the lower and middle-income households. This means that if you are
eaming above the new tax-free threshold of R87 300. you will have an extra R756 in
your pocket after 1 March 2021”, said Minister Tito Mboweni: 2021 budget speech
in light of the above statement, answer the following research questions in line with
the rubric provided.
QUESTION 1: How much tax revenue was collected by the South African
Revenue Services (SARS) in the 2019/2020 financial year?
Briefly explain the following concepts and give example of each
Wealth tax
Corporate tax
Employees tax
(10)​

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a. they set the prime rateob. they monitor functioning of banks in their through onsite and offsite reviewsc. they assess taxes in their destnictd. they write fiscal policies

True tomato inc. makes organic ketchup. to promote its products, this firm decided to make bottles in the shape of tomatoes. to accomplish this, true tomato worked with its bottle manufacture to create a set of unique molds for its bottles. which of the following specialized assets does this example demonstrate? (a) site specificity (b) research specificity (c) physical-asset specificity (d) human-asset specificity

Profits from using currency options and futures. on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda. com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2