1.1 Define VAT. 1.1.2 List four protective items for a rugby player, excluding those mentioned. 1.1.3…

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1.1 Define VAT. 1.1.2 List four protective items for a rugby player, excluding those mentioned. 1.1.3 Calculate the total cost per player including 15% VAT for a shirt, trouser, socks (R3999), boots (

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Here are the solutions to the questions:

1.1.1

VAT stands for Value Added Tax.

1.1.2

Four items a rugby player should have for own protection, except the ones mentioned, are:

Headguard
Mouthguard
Shoulder pads
Scrum cap

1.1.3

Assumption: The standard VAT rate is $15\%$ .

Calculate the price of the rugby shirt, trouser, and socks including VAT.
$\text{Price (incl. VAT)} = \text{R}3999.00 \times (1 + 0.15) = \text{R}3999.00 \times 1.15 = \text{R}4598.85$
The price of rugby boots is already given including VAT.
$\text{Rugby boots (incl. VAT)} = \text{R}1299.95$
Calculate the price of shin guards including VAT.
$\text{Price (incl. VAT)} = \text{R}350.00 \times (1 + 0.15) = \text{R}350.00 \times 1.15 = \text{R}402.50$
Calculate the total amount (including VAT) for each player.
$\text{Total per player} = \text{R}4598.85 + \text{R}1299.95 + \text{R}402.50 = \text{R}6301.30$
The total amount he would spend on each player is $\boxed{\text{R}6301.30}$ .

1.1.4
Determine the total number of players.
$\text{Total players} = 15 \text{ (in-field)} + 5 \text{ (out-field)} = 20 \text{ players}$
Calculate the total cost for all 20 players.
$\text{Total cost} = 20 \times \text{R}6301.30 = \text{R}126026.00$
Compare the total cost with the budgeted amount.
The budgeted amount is R139 999.00.
The total cost for 20 players is R126 026.00.
Since R126 026.00 < R139 999.00, the money would be sufficient.

The assumption is $\boxed{\text{Correct}}$ .

1.1.5

Assumption: The standard VAT rate is $15\%$ .
The price of rugby boots including VAT is R1 299.95.
Let the original price (excluding VAT) be $P$ .
$P \times (1 + 0.15) = \text{R}1299.95$ $P = \frac{\text{R}1299.95}{1.15} = \text{R}1130.3913...$
Calculate the VAT amount.
$\text{VAT amount} = \text{Price (incl. VAT)} - \text{Original Price}$ $\text{VAT amount} = \text{R}1299.95 - \text{R}1130.39 = \text{R}169.56$
The VAT amount on the price of rugby boots is $\boxed{\text{R}169.56}$ .

1.2.1

UIF stands for Unemployment Insurance Fund.

1.2.2
Calculate Sipho's gross monthly salary.
$\text{Monthly salary} = \frac{\text{R}114000}{12} = \text{R}9500.00$
Calculate Sipho's monthly UIF contribution (1% of gross remuneration).
$\text{Monthly UIF contribution} = \text{R}9500.00 \times 0.01 = \text{R}95.00$
Sipho's monthly UIF contribution is $\boxed{\text{R}95.00}$ .

1.2.3

UIF is important for workers for the following two reasons:
- It provides temporary financial relief to workers who become unemployed, helping them cover essential living expenses while seeking new employment.
- It offers benefits for specific life events such as maternity leave, illness, adoption leave, and death benefits to beneficiaries of deceased contributors.

1.1 Define VAT. 1.1.2 List four protective items for a rugby player, excluding those mentioned. 1.1.3 Calculate the total cost per player including 15% VAT for a shirt, trouser, socks (R3999), boots (

Step-by-step solution

1.1.1

1.1.2

1.1.3

Calculate the price of the rugby shirt, trouser, and socks including VAT.

The price of rugby boots is already given including VAT.

Calculate the price of shin guards including VAT.

Calculate the total amount (including VAT) for each player.

1.1.4

Determine the total number of players.

Calculate the total cost for all 20 players.

Compare the total cost with the budgeted amount.

1.1.5

The price of rugby boots including VAT is R1 299.95.

Calculate the VAT amount.

1.2.1

1.2.2

Calculate Sipho's gross monthly salary.

Calculate Sipho's monthly UIF contribution (1% of gross remuneration).

1.2.3

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