Question 1 The F & G products (Pty) Ltd, which supplies goods to mining industry and which was registered for value added tax (VAT), for the tax period ended 25 April 2020 are as follows. Please note that all the amounts exclude VAT where relevant: DIPLOMA Assignment January - June BTX622 Taxation _____________________________________________________________________________________ BOU2023 Page 4 of 5 Notes BWP Income: Sales 1 472 972 Profit on sale of single cab bakkie 26 387 Commission received 2 48 206