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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

VAT on Imported Services returns in Namibia are due

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VAT on Imported Services returns in Namibia are due

gta711staxvat
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  • 18 Views
Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

A “person” as defined in the Income Tax Act of Namibia can be classified as either:

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A “person” as defined in the Income Tax Act of Namibia can be classified as either:

gta711staxvat
  • 1 Answer
  • 17 Views
Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

One of the reasons why governments charge a “person” taxes is so that they can create favorable living standards for all the citizens of a country. One such favourable standard is:

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One of the reasons why governments charge a “person” taxes is so that they can create favorable living standards for all the citizens of a country. One such favourable standard is:

gtgta711staxvat
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Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

Manufacturing companies’ tax rate for the first ten (10) years of being registered is:

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Manufacturing companies’ tax rate for the first ten (10) years of being registered is:

gtax711staxvat
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  • 13 Views
Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

The current income tax rate for corporations in Namibia is

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The current income tax rate for corporations in Namibia is

gtax711staxvat
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  • 13 Views
Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

The income Tax rate applicable for Diamond companies in Namibia is

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The income Tax rate applicable for Diamond companies in Namibia is

gtax711staxvat
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  • 15 Views
Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

The current VAT threshold for compulsory registration in Namibia is?

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The current VAT threshold for compulsory registration is:

gtax711staxvat
  • 1 Answer
  • 21 Views
Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

An entity is registered as a Category B VAT vendor; The third (3) VAT period of such an entity will end on

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An entity is registered as a Category B VAT vendor; The third (3) VAT period of such an entity will end on

gtax711staxvat
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  • 11 Views
Anonymous
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Anonymous
Asked: May 31, 2022In: TAXATION 310 ,GTA711s

One example of a type of tax applicable in Namibia is

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One example of a type of tax applicable in Namibia is

taxvat
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  • 14 Views
Anonymous
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Anonymous
Asked: March 19, 2022In: TAXATION 310 ,GTA711s

PATA (Pty) Ltd manufactures and distributes spray tans. PATA have been registered for VAT since 2016. Mr. Mahindi wants to appoint you as the new Accountant; however, he first wants to test your VAT knowledge as it is an important output required from their Accountants. During its current two-month period (which ended on 30th November 2018) it entered into, amongst others, the following transactions. 1. PATA sold two hundred crates of spraytan cans for cash to Wellness Spa Bar in Windhoek. 2. PATA sold two truckloads (a truckload consists of 500 crates) on credit to Seabreeze Spa (Pty) Ltd situated in Walvis Bay. 3. PATA sold and exported a 100 hundred crates of spraytan cans on credit to Tan-I-See (Pty) Ltd in Kang, Botswana. 4. On the 15 November PATA purchased two new vehicles. A new Hilux pickup truck for a Sales rep of N$275 000 (VAT exclusive), that will be used as a trade vehicle. And a new Corolla for the marketing manager, costing N$215,000 (VAT exclusive). PATA will

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TUTORIAL 2 QUESTION 1 (20 MARKS) PATA (Pty) Ltd manufactures and distributes spray tans. PATA have been registered for VAT since 2016. Mr. Mahindi wants to appoint you as the new Accountant; however, he first wants to test your VAT ...

gtataxvat
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  • 20 Views
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