Tax
VAT return
Standard rate 16% · due by the 18th
Every K100 of VAT-inclusive sales contains K86.21 net + K13.79 VAT.
Output VAT (sales)
K8,551.72
on K62,000.00 sales
Input VAT (purchases)
K3,862.07
on K28,000.00 purchases
Net VAT payableK4,689.65