VAT & UIF
R28.75
Use, by you or one client, in a single end product which end users are not charged for. The total price includes the item price and a buyer fee.
Resource Description
Aims of the lesson:
- To develop the understanding of the difference between VAT Inclusive values and VAT exclusive values.
- You must be able to investigate how the final price has been determined by adding 15% VAT to a price that exclude Vat.
- You to be able to calculate the amount of VAT that has been added to a VAT Inclusive price.
- Investigate how UIF values are calculated as a percentage of gross income.