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the following information was taken from the records of sia Naidoo for the pwriod 1 january 2 0 1 9 to 2 8 fevruary 2
the following information was taken from the records of sia Naidoo for the pwriod january to fevruary the appropriate amounts included Vat item : supply of goods and service at standard rate R supply of goods and services at zero rate :Rsuplyly of exmpt goods and services : input tax on capital goods notes : inpuut tax on non capital goods and services note : second hand good purchase and paid for note : value of fringe benefits sujecct vat :R Credit notes issued note : R Credits notes received : RCredit losses written off note : SARS had agreed to a turnover based method of apportionment and has been agreed as the percentage applicable to majing of table supplies Notes: Input tax on capital goods includes R on the purchase of a coffee machine for the the employees common room and R vat on the purchase of a delivery van to be for the delivery of goods input tax on non capital goods services purchased includes R vat for membership paid to the local country club for the managing director s membership R vat for the managing director s subscription to a proffessinal society. sian Naidoo entreprises purchased and paid for a second hand machine from a non vendor for R the credit notes issued all related to supplies made at the standard rate of credit losses written off related to a previous supply of standard relate goods required : calculate the amount of vat input for the period January and february calculate the amount of vat output for the period January and february calculate the amount of vat due to or from SARS for the january and February
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