hi this is the information that is blurry on the paper i had typed it out. please help

Notes:

1. The indemnity award of R17 300 was awarded for a notebook computer that

was owned by Fast Kilometres (Pty) Limited and stolen from its premises in

September 2021. The indemnity award, received in December 2021, was used

to purchase a new notebook computer (note 4).

2. Insurance premiums were incurred by Fast Kilometres (Pty) Limited for the

motor car used by the company's Managing Director, the notebook computer,

the trucks, and the busses. The insurance premium on the motor car used by

the Managing Director was R1 250.

3. The bad debts written off by Fast Kilometres (Pty) Limited of R26 760 all relate

to debtors from transporting goods.

4. Depreciation is charged on the following two assets owned by Fast Kilometres

(Pty) Limited:

A motor car that is used by the company's Managing Director. The motor

car was purchased in January 2021 for R281 750 (R245 000 plus VAT

at 15%). The Managing Director has had sole use of this motor car for the entire tax period.

A new notebook computer was purchased by Fast Kilometres (Pty)

Limited in December 2021 for R18 975 (R16 500 plus VAT at 15%) to

replace the notebook computer that was stolen (note 1). The notebook

computer is used by employees in the accounting department to process

financial information. No depreciation has been provided by Fast

Kilometres (Pty) Limited in this two-month tax period for its trucks and

busses since they have been depreciated in full.

5.

Office equipment rentals were incurred by Fast Kilometres (Pty) Limited for the

following assets (these three rental amounts are the totals for the two-month

tax period):

Fax machine- R2 960

Photocopier machine - R2 190

Coffee machine - R1 825

6. Maintenance costs were incurred by Fast Kilometres (Pty) Limited for the

company's trucks and busses.

REQUIRED:

Calculate the net amount of value-added tax payable to or receivable from SARS for

Fast Kilometres (Pty) Ltd. 's two-month tax period which ended 31 December 2021.

where is this question incomplete I have been sending you guys same things and you have been giving me excuses why ,please help me

QUESTION 2 (36 marks) Fast Kilometres (Pty) Limited is a transport company who earns income through the transport of goods by truck and the transport of fare-paying passengers by bus. The Commissioner has agreed to an output basis of apportionment to arrive at an acceptable input tax ratio of 83%, since Fast Kilometres (Pty) Limited makes both taxable and exempt supplies for value-added tax purposes. Below is a summary of Fast Kilometres (Pty) Limited's receipts, accruals, and expenditure for the two-month tax period ending 31 December 2021. Unless otherwise stated, all amounts are inclusive of value-added tax where applicable: Fast Kilometres (Pty) Limited is a transport company who earns income through the transport of goods by truck and the transport of fare-paying passengers by bus. The Commissioner has agreed to an output basis of apportionment to arrive at an acceptable input tax ratio of 83%, since Fast Kilometres (Pty) Limited makes both taxable and exempt supplies for value-added tax purposes. Below is a summary of Fast Kilometres (Pty) Limited's receipts, accruals, and expenditure for the two-month tax period ending 31 December 2021. Unless otherwise stated, all amounts are inclusive of value-added tax where applicable: 89 HTAX331-1-Jul-Dec22-FA2-V3-ELK-29062022 ANNEXURE I: FORMATIVE ASSESSMENT 2 Notes: 1. The indemnity award of R17300 was awarded for a notebook computer that was owned by Fast Kilometres (Pty) Limited and stolen from its premises in September 2021 . The indemnity award, received in December 2021 , was used to purchase a new notebook computer (note 4). 2. Insurance premiums were incurred by Fast Kilometres (Pty) Limited for the motor car used by the company's Managing Director, the notebook computer, the trucks, and the busses. The insurance premium on the motor car used by the Managing Director was R1 250. 3. The bad debts written off by Fast Kilometres (Pty) Limited of R26 760 all relate to debtors from transporting goods. 4. Depreciation is charged on the following two assets owned by Fast Kilometres (Pty) Limited: - A motor car that is used by the company's Managing Director. The motor car was purchased in January 2021 for R281 750 (R245 000 plus VAT at 15% ). The Managing Director has had sole use of this motor car for the entire tax period. - A new notebook computer was purchased by Fast Kilometres (Pty) Limited in December 2021 for R18 975 (R16 500 plus VAT at 15\%) to replace the notebook computer that was stolen (note 1). The notebook computer is used by employees in the accounting department to process financial information. No depreciation has been provided by Fast - A motor car that is used by the company's Managing Director. The motor car was purchased in January 2021 for R281 750 (R245 000 plus VAT at 15%. The Managing Director has had sole use of this motor car for the entire tax period. - A new notebook computer was purchased by Fast Kilometres (Pty) Limited in December 2021 for R18 975 (R16 500 plus VAT at 15% ) to replace the notebook computer that was stolen (note 1). The notebook computer is used by employees in the accounting department to process financial information. No depreciation has been provided by Fast Kilometres (Pty) Limited in this two-month tax period for its trucks and busses since they have been depreciated in full. 5. Office equipment rentals were incurred by Fast Kilometres (Pty) Limited for the following assets (these three rental amounts are the totals for the two-month tax period): - Fax machine- R2 960 - Photocopier machine - R2 190 - Coffee machine - R1 825 6. Maintenance costs were incurred by Fast Kilometres (Pty) Limited for the company's trucks and busses. 90 HTAX331-1-Jul-Dec22-FA2-V3-ELK-29062022 ANNEXURE I: FORMATIVE ASSESSMENT 2 REQUIRED: Calculate the net amount of value-added tax payable to or receivable from SARS for Fast Kilometres (Pty) Ltd.'s two-month tax period which ended 31 December 2021. (36 marks) Competency Framework Reference: \begin{tabular}{|l|l|} \hline E1.3 & Application of tax legislation to calculate tax obligation \\ \hline c) & Apply the relevant law to the facts, determine the tax position and compute the tax payable (VAT or normal tax) for individuals and companies. \\ \hline \end{tabular}