100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
TAX3761 ASSIGNMENT 1- 2021 SOLUTIONS R50,00
Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. TAX3761 - Taxation Of Business Activities And Individuals (TAX3761)

Other

TAX3761 ASSIGNMENT 1- 2021 SOLUTIONS
 185 views  1 purchase

GUARANTEED DISTINCTION! DETAILED SOLUTIONS TO THE ASSIGNMENT THAT IS EASY TO FOLLOW AND UNDERSTAND. I accept bank deposits made at bank tellers and ATM's. Drop me a private message

Preview 2 out of 5  pages

Document information

  • March 31, 2021
  • 5
  • 2021/2022
  • Other
  • Unknown

Subjects

Written for

All documents for this subject (36)

Seller

avatar-seller
Theboredaccountant

Reviews received

Content preview

, Stuvia.com - The study-notes marketplace




QUESTION 1

PART A
If Transpaco (Pty) Ltd was not a registered VAT vendor, what would the requirements have been for
Transpaco to register as a VAT vendor in relation to the 12-month period ended 30 April 2021.

It is mandatory for Transpaco (Pty) Ltd to register for VAT if the income earned in any consecutive
twelve month period exceeded or is likely to exceed R1 million.
Transpaco (Pty) Ltd may choose to register voluntarily if the income earned, in the past twelve month
period, exceeded R50 000


Calculate the VAT payable by or refundable to Transpaco (Pty) Ltd for the two-month tax period ended 30
April 2021. Show all calculations and indicate reasons for not claiming input tax or for not accounting for
output tax.




Provide the last date on which the VAT payment for April 2021 should be made to SARS. Transpaco (Pty)
Ltd submits the VAT201 return via the SARS e-filing system.
31 May 2021




Downloaded by: Theboredaccountant | Esbassa@gmail.com
Distribution of this document is illegal

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Theboredaccountant. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R50,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

52355 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R50,00  1x  sold
  • (0)
Add to cart
Added