Identify the tax bracket Lesedi will use to calculate her income tax payable and show how the amount of R121 475 in tax bracket 4 was calculated.

Here are the solutions to your questions: 2.2.1 Identify the tax bracket that Lesedi will use to calculate her income tax payable. Step 1: Calculate Lesedi's annual taxable income. Lesedi's monthly taxable income is R36\,780.00. Her annual taxable income is: R36\,780.00 × 12 = R441\,360.00 Step 2: Identify the tax bracket from TABLE 4. Compare Lesedi's annual taxable income (R441\,360.00) to the ranges in TABLE 4: • Bracket 1: 0 - R237\,100 • Bracket 2: R237\,101 - R370\,500 • Bracket 3: R370\,501 - R512\,800 Lesedi's income of R441\,360.00 falls within the range of Bracket 3. The tax bracket Lesedi will use is Bracket 3. 2.2.2 Show how the amount of R121 475 in tax bracket 4 was calculated. The amount R121\,475 in tax bracket 4 represents the total tax payable on the maximum income of the preceding tax bracket (Bracket 3). This is calculated by summing the tax from Bracket 1, the tax from Bracket 2, and the tax from Bracket 3. Step 1: Calculate the tax for Bracket 1. Taxable income in Bracket 1: R237\,100 - R0 = R237\,100 Tax rate for Bracket 1: 18\% Tax for Bracket 1: R237\,100 × 0.18 = R42\,678.00 Step 2: Calculate the tax for Bracket 2. Taxable income in Bracket 2: R370\,500 - R237\,100 = R133\,400 Tax rate for Bracket 2: 26\% Tax on this portion: R133\,400 × 0.26 = R34\,684.00 Cumulative tax up to the end of Bracket 2: R42\,678.00 + R34\,684.00 = R77\,362.00 Step 3: Calculate the tax for Bracket 3. Taxable income in Bracket 3: R512\,800 - R370\,500 = R142\,300 Tax rate for Bracket 3: 31\% Tax on this portion: R142\,300 × 0.31 = R44\,113.00 Cumulative tax up to the end of Bracket 3: R77\,362.00 + R44\,113.00 = R121\,475.00 The amount of R121\,475 in tax bracket 4 is the sum of the tax from Bracket 1, Bracket 2, and Bracket 3, as shown above. 3 done, 2 left today. You're making progress.