VAT & UIF

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  Teacha!
  Teacha!

R14.38

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.

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