Ms B. Maliki, who works as a journalist for a local Television station, won a prize of R80 000 for best Investigative Journalist for 2020 on 28th of February 2021. The amount was paid to Ms Maliki paid on the 30th of March 2021. Choose the correct statement concerning the 2021 year of assessment? (1) The R80 000 is closely connected to her income earning activities and is taxable. (2) The R80 000 is not closely connected to her income earning activities and is not taxable. (3) R80 000 is an element of luck and is not taxable. (4) R80 000 is closely connected to her income earning operations but did not accrue to her in 2021 year of assessment. (5) The R80 000 is not closely connected to her income earning operations but accrued in the 2021 year of assessment.
Ms B. Maliki, who works as a journalist for a local Television station, won a prize of R80 000 for best Investigative Journalist for 2020 on 28th of February 2021. The amount was paid to Ms Maliki paid on the 30th of March 2021. Choose the correct statement concerning the 2021 year of assessment?
(1) The R80 000 is closely connected to her income earning activities and is taxable.
(2) The R80 000 is not closely connected to her income earning activities and is not taxable.
(3) R80 000 is an element of luck and is not taxable.
(4) R80 000 is closely connected to her income earning operations but did not accrue to her in 2021 year of assessment.
(5) The R80 000 is not closely connected to her income earning operations but accrued in the 2021 year of assessment.
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