Till Slips (Grade 12 NSC Matric Mathematical Literacy): Flashcards

Receipt proving purchase from shop

$14\%$ on most goods and services

VAT-inclusive price $\times 0.14$

VAT-inclusive price $\div 1.14$

Milk, brown bread, eggs

VAT included on that item

"Tax Invoice"

Amount paid $-$ total due

No asterisk next to item

VAT-exclusive price $+$ VAT amount