Page 79 - ADVANCED TAXATION - Day 1 Slides

Example

79

Assume the all-inclusive daily rate at a hotel is R500 per day (excluding

VAT). Included in the R500 daily rate is the use of a post-box.

Calculate the VAT if

(a) the person stays in the hotel for four days, and

(b) the person stays in the hotel for 35 days.