We can observe only a portion of the entire universe. Because the universe is only about 14 billion years old, light has only had about 14 billion years to travel through it. Therefore, the most distant regions of the universe we can see are about 14 billion light-years away. This is the extent of the observable universe, but the entire universe is probably much larger.
According to the Internal Revenue Service, any interest you receive, or that is credited to an account and is available for withdrawal, is taxable in the year you receive it. This money is included in your annual income when you file your taxes, making the tax rate on interest equal to your normal income tax rate.
According to the legislation, closed bursaries granted to a relative of an employee are taxable if the employee's remuneration exceeds R100 000 and if the bursary value exceeds R10 000.Open bursaries are not taxable and provide a positive way for companies to make a difference to the South African skills shortage by providing the means for individuals who are not currently employed to gain qualifications and skills,â says Cooper.