Activity 1 (Taxation) 1.1 DBE SC May-June 2023 Katlego (who is 24 years old) has two jobs: one at the PYEI and the other at a retail store. He earned a combined annual taxable income of R87 329 for the 2021/2022 tax year. TABLE 4 shows the personal income tax rates, tax rebates and tax thresholds for 2021/2022. TABLE 4:PERSONAL INCOME TAX RATES, TAX REBATES AND TAX THRESHOLDS FOR 2021/2022 TAX RATES 2021/2022 TAXABLE INCOME (R) RO–R216 200 R216 201-R337 800 R337 801-R467 500 R467 501-R613 600 TAX REBATES 2021/2023 Primary (below 65) 18% of each R1 RATES OF TAX (R) R38 916+26% of the amount above R216 200 R70 532 +31% of the amount above R337 800 R110 739 + 36% of the amount above R467 500 R15 714 Secondary (65 and older) R8 613 Tertiary (75 and older) R2 871 TAX THRESHOLDS 2021/2022 Below age 65 R87 300 Age 65 to age 74 R135 150 Age 75 and older |R151 100 (Adapted from www.sars zal Use TABLE 4 and the information above to answer the questions that follow. 1.1.1 Calculate Katlego's annual tax payable for the 2021/2022 tax year. (4) 1.1.2 Define the term tax rebate. (2) 1.1.3 Show that the tax threshold for age 65 to age 74 in the table is CORRECT. (5) (11)