Page 135 - P6 Slide Taxation - Lecture Day 5 - VAT Part 1
P. 135
Example
The use of a delivery truck, with a determined value
of R35 000, of which 60% was used for taxable
supplies and 40% for non-taxable supplies, is
granted to an employee. The employee pays R80 for
fuel to the employer.
Calculate the VAT consequences of the
above.
