VAT QUIZ

CALCULATE B.

CALCULATE N

CALCULATE E.

CALCULATE J.

SELECT THE CORRECT ANSWER FOR P

• 825

• +825

• -825

• 124

SELECT THE CORRECT ANSWER FOR P

• 825

• +825

• -825

• 124

WHAT TYPE OF VAT WOULD THE LAST TRANSACTION (180) BE CLASSIFIED AS?

• OUTPUT:+180

• INPUT:-180

• OUTPUT:-180

• NO VAT ITS ZER RATED

CALCULATE OUTPUT VAT

CALCULATE INPUT VAT

the amount payable or receivable to sars