A VAT -exclusive price of 320 is charged for a mixed supply of goods. The goods concerned
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A VAT -exclusive price of £320 is charged for a mixed supply of goods. The goods concerned consist of standard -rated goods which cost the supplier £141 (excluding VAT) and zero-rated goods which cost the supplier £19. Calculate the output tax due, assuming a standard rate of 20%.
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From the information given the only way of apportioning the price of the mixed ...View the full answer
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