QUESTION $1$

$[15$ MARKS$]$

DZ Ltd is a toy retailer and is registered for value$-$added tax on the invice basis. An analysis of the receipts and accruals and expenditure for the two$-$month tax period ending July $2022$ is set out below. Unless otherwise stated, all amounts are inclusive of value$-$added tax when applicable. He makes solely taxable supplies.

$\backslash$table$[[$Receipts and accruals,R$],[$Sales of Toys,$225500],[$Export sales of toys,$75975],[$Interest$,2175],[$Expenditure$],[,2800],[$Bank charges,$2375],[$Depreciation$,25750],[$Insurance premiums,$2650],[$Fuel$,5325],[$Printing and stationery,$2275],[$Purchases$,175250],[$Purchases of second$-$hand goods from non$-$registered vendor,$22350],[$Salaries$,22500],[$Interest paid,$16000]]$

YOU ARE REQURED TO determine the value$-$added tax due to$,$ or from, SARS for DZ Ltd for the two$-$month tax period that ended on $31$ July $2022.$ Round off to the nearest rand.