Required: Calculate the amount of VAT payable by Amara Boutique Ltd for the quarter ended 31 December 2018. Prisha Kohli wishes to reclaim any residual input tax that is attributable to taxable supplies. Prisha uses the standard method to compute the reclaimable element of any residual input tax.

Prisha Kohli is the owner and managing director of Amara Boutique Ltd, a UK registered company that manufactures and retails luxury clothing for adults and children. The company has retail outlets in London, UK, Manchester, UK and Birmingham, UK. Part of each retail outlet is leased to Brinda Beauty Ltd, a UK registered company that provides luxury beauty products: each lease was granted in 2016 and will expire in 2021. The company is registered for VAT and has been trading for many years. Amara Boutique Ltd has always been profitable. The following information is available for the quarter ended 31 December 2018. All figures are exclusive of VAT: (1) Sales invoices totalling 110,000 were issued during the quarter in respect of credit sales of luxury clothing for adults. These sales were all standard rated. Prisha offers all of Amara Boutique Ltd's wholesale customers a 2.5% discount for payment within one month of the date of the sales invoice. 95% of wholesale customers pay within this period. The sales figure of 110,000 is stated before deduction of the 2.5% discount. (2) Cash sales amounted to 576,000, of which 498,000 was in respect of the sale of luxury clothing for adults, all of which were standard rated sales. 78,000 was in respect of luxury clothing for children, all of which were zero rated. Amara Boutique Ltd also received 18,000 rental income from Brinda Beauty Ltd during the quarter. (3) Purchase and expense invoices totalling 390,200 (exclusive of VAT) were received from VAT registered suppliers. This figure comprised the following: Standard rated purchases and expenses Zero rated purchases Exempt expenses 325,090 58,000 7,110 (4) Input tax on purchases and expenses was suffered as follows: Attributed to taxable supplies Attributed to exempt supplies Unattributed () 48,010 3,903 13,105 Required: Calculate the amount of VAT payable by Amara Boutique Ltd for the quarter ended 31 December 2018. Prisha Kohli wishes to reclaim any residual input tax that is attributable to taxable supplies. Prisha uses the standard method to compute the reclaimable element of any residual input tax. (51 marks)