Page 23 - F6 Slide - VAT Part 5 - Lecture Day 5

Example

For accounting purposes, Talita (Pty) Ltd wrote off R4

633 as bad debts. This amount comprises an amount

of R2 850 owing by a local debtor and an amount of

R1 783 owing by an export sale debtor.

Calculate the VAT consequences of the above

in the books of Talita (Pty) Ltd.