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Airlie aged 50 received a salary of R456 000 and a bonus of R150 000. During the current year of assessment, she contributed 5% of her salary to a retirement fund each month. She contributed for the entire year. Her employer also contributed 5% of her salary per month for the full year of assessment. You may assume that her remuneration is R628 800. YOU ARE REQUIRED to determine the retirement fund contribution deduction which she will be allowed to deduct from her taxable income for the current year of assessment.
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