To calculate the VAT payable on a purchase of R 8600 (excluding VAT), you first need to determine the VAT rate and then calculate the VAT amount.
The standard VAT rate in South Africa is 15%.
Step 1: Calculate the VAT amount.
VAT amount = Purchase price × VAT rate
VAT amount = R 8600 × 0.15
Step 2: Perform the calculation.
VAT amount = R 8600 × 0.15 = R 1290.00
Conclusion:
The VAT payable on a purchase of R 8600 (excluding VAT) is R 1290.00.
Therefore, the correct answer is:
B. 1 290,00