Page 59 - P6 Slide Taxation - Lecture Day 5 - VAT Part 1

Solution

Internet banking fee (R73,92 × 15/115)

Service fee (R162,35 × 15/115)

Transaction costs (R83,90 × 15/115)

Administration costs (R14,00 × 15/115)

Interest charged on overdraft nil

Interest received on positive bank balance nil

Cost for cheque book (R18,20 × 15/115)