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Zethu Pty ( Ltd ) owns a three - storey building. The ground floor and the first floor accommodate various businesses, while the second floor

Zethu Pty (Ltd) owns a three-storey building. The ground floor and the first floor accommodate various businesses, while the second floor is comprised of flats rented out as residential units. The SARS Commissioner has agreed to an input tax apportionment of 80%. The following information has been provided to you for the two-month tax period ended 31 March 2024(all amounts exclude VAT):
DESCRIPTION
Receipts R
Commercial rental received 240000
Residential rental received 60000
Payments made
Insurance (building)6500
Repairs and maintenance (residential units)15250
Advertising (commercial business units)7850
Electricity and water (building)22875
Bank charges 725
Required
Calculate the VAT payable by Zethu (Pty) Ltd for the two-month tax period ended 31 March 2024.

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