Introduction to VAT Grade 10 Mathematical Literacy.

Introduction

Please access the following link to get introduction about VAT.

Thank you for watching the video I hope that you have learnt a lot and you are ready to proceed with the lesson.

Task

Click the and watch the following video.

NB: Write the activity. Answer all questions.

Questions

1. What is meant by an abbreviation VAT ? (1)

2. In what rate is VAT calculated in South Africa? (1)

3. What is VAT inclusive ? (2)

4. Explain the term VAT exclusive? (2)

5. Calculate the VAT of this VAT exclusive amount R 1000. (4)

Process

Reminder: VAT is calculated @15%

Watch the following video for more calculations examples on the following link.

Find the difference between VAT exclusive and VAT inclusive and their examples.

Download the VAT PDF on the following link.

Evaluation

**VAT ACTIVITY RUBRIC**
QUESTION	DESCRIPTION	MARK ALLOCATION
1	The learner wrote the acronym in full.	1
2	Wrote the percentage with it's sign	1
3	Explains the term shows understanding.	2
4	Explains the term shows understanding.	2
5	Calculation, showing all the necessary steps and signs.	4
	TOTAL	10

Conclusion

Make use of your previous question papers so that you can be used on how questions may be asked.

Click on the following link to access the previous question papers for revision.

I hope you enjoyed VAT. Our next topic is tariff's you may study for yourself before we start as a class.

Credits

Click on the following link to access worked examples from Via Africa Mathematical Literacy Grade 10 textbook.

You can also use Mathematical Literacy Via Africa textbook for practice.

Teacher Page

NB: If you need any assistance contact me here are my details below.

Contact number:0623326766