Larry King sold his home in Sandton for R5 million. The base cost of the asset was calculated
at R1 750 000. He occupied 20% of his home to run his business from the premise. Calculate
Larry's taxable gain for the current year of assessment.
a.
R 484 000
b.
R 224 000
C.
R 650 000
O d.
R 3 250 000
what is the correct one?
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