UK taxation

Question 14 8 pts Little Roper Farm Shops Ltd sells a mixture of standard rated, zero rated and exempt goods. For the latest VAT quarter ended 31 March 2021, you are provided with the following information: Standard rated sales totalled 75.000 Zero rated sales totalled 125,000 Exempt sales totalled 75,000 The company purchased a car for 25,000. The car's CO2 emissions were 135 g/km. The managing director has sole use of this car and estimated that 75% was for personal use. The company pays for all car fuel and reclaims the input tak. Other standard-rated goods and services purchased in the period amounted to 174,000. This included costs related to the car of 950 for maintenance and 750 for fuel. 34.000 of the input costs was exclusively attributable to the supply of exempt goods, the remainder was attributable to standard rated, zero rated and exempt supplies, A wholesale customer, Little Roper Campsites Ltd went into administration on 1 December 2020 owing Little Roper Farm Shops Ltd 6,750 for an invoice dated 1 October 2020. Required: 1. Compute the VAT payable for repayable) for the last quarter. (6 marks 2. How long after the quarter end is a VAT return and payment due and when may this timetable vary? (2 marks) (Total 8 marks) Edit View Insert Format Tools Table