During the quarter to 31 December 2020, Nancy makes supplies as follows Compute the VAT provisionally payable to HMRC for the quarter Standard rated supplies (excluding VAT) Zero rated supplies Exempt supplies She suffers input tax as follows Attributed to taxable supplies Attributed to exempt supp...

Output tax Standardrated supplies 120000 20 Zerorated supplies 80000 0 Input t ...

During the quarter to 31 December 2020, Nancy makes supplies as follows: Compute the VAT provisionally payable

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During the quarter to 31 December 2020, Nancy makes supplies as follows:

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Compute the VAT provisionally payable to HMRC for the quarter.

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Taxation Finance Act 2020

ISBN: 9781292360713

26th Edition

Authors: Alan Melville

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During the quarter to 31 December 2020, Nancy makes supplies as follows: Compute the VAT provisionally payable

Question:

Standard-rated supplies (excluding VAT) Zero-rated supplies Exempt supplies She suffers input tax as follows: Attributed to taxable supplies Attributed to exempt supplies Unattributed 120,000 80,000 50,000 7,500 8,500 12,000

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Taxation Finance Act 2020

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