Page 73 - F6 Slide - Taxation - Lecture Day 4

Solution

(a) Full supply at standard rate (R500 × 4 × 14%) –

output tax 280

(b) Supply of the post box that is included in the all-

inclusive daily rate – output tax nil

Supply of commercial accommodation together with

domestic goods and services (R500 × 35 × 60% ×

14%) – output tax 1 470