Calculate the VAT rate given the price excluding VAT, VAT amount, and price including VAT.

First, we need to determine the VAT rate from the example provided at the top of the page.
Given:
Price excluding VAT = R42.07
VAT amount = R5.89
Price including VAT = R47.96

The VAT rate is calculated as:

$$\text{VAT Rate} = \frac{\text{VAT Amount}}{\text{Price excluding VAT}}$$ $$\text{VAT Rate} = \frac{R5.89}{R42.07} \approx 0.14000475$$

We will use a VAT rate of 14% (or 0.14