Boxy's RAT on VAT - Drat!

Boxy

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Value Added Tax (VAT): total VAT collections were R190.5 billion and showed a relatively muted growth of R6.9 billion (3.8%) year-on-year. This performance was R0.4 billion (-0.2%) below the Revised Estimate in the 2012 Budget (source) http://www.sars.gov.za/home.asp?PID=74731&ToolID=2&ItemID=76570

Let's say that the average loaf of bread costs R9 and is consumed by an average family of 4 every day in a population of 51 million = 51,000,000 / 4 * 365.25 * 9 = 41,912,437,500 X 0.14 = 5,867,741,250

Lets say that they also consume 1 litre of milk per day R9 = 5,867,741,250
.and.fruit and vegetables, marog, spinach, worth R9 = 5,867,741,250
Meat, fish, chicken, eggs, jam, paloney in the fridge that has to be there for the march from Alex past Sandton to the Union Buildings R9 = 5,867,741,250
Coffe, Tea, Sugar, and Blue Label R9 = 5,867,741,250
Detergents, shoe polish, toiletries, pens pencils, skin bleach, hair straightener and Grandpa headache powders R9 = 5,867,721,250

i would estimate that the poorest of the poor households might be existing on and contributing around R54 a day towards Vat base and this would amount to a figure of 35,206,447,000 if the total population were all among the poorest of the poor. This works out to R1620 per month, but everyone on social grants complain that whatever it is that they're getting it's not enough and they cant survive.

However, the following link says i may have grossly underestimated a food basket and almost by half, but not everyone eats chicken and potatoes. Most of the population eat pap, but this could be equated to the price of a loaf of bread. Still it looks as though we're being ripped off at every corner...

http://winetimes.co/2012/05/14/south-africas-average-food-basket-price-compared-to-other-countries/

So then i'll just round that VAT off....

70,000,000,000

To get to a happy medium, they say the mean is always correct = 35,000,000,000 + 70,000,000,000 / 2 =

52,500,000,000

....but what have i missed? ...

http://www.tobaccosa.co.za/browse.php?catid=105&sub=166

27 billion sticks / 20 = packs = 135,000,000 packs at an average of R20 per pack X 0.14 = 378,000,000

http://mg.co.za/article/2012-02-15-social-grants-153million-people-to-register-again

Okay then, so those transactions must be mean and cut throat bank transactions and VAT is payable on them. So just to distribute the social grant to 15,3 million beneficiaries at R28 a transaction = 15,300,000 X 28 X 0,14 = 59,976,000

....but you know what, those figures are puny so let's just write them off to pocket lining and gracefully accept 52,500,000,000, or i just might just get cross, because there's more wher that came from!

There are 9 million homes. Let's say that on average they consume R200 worth of Services (water, electricity, sewerage and garbage removal)

9,000,000 * 200 * 0.14 = 378,000,000pm x 12 = 4,536,000,000

Let's say, 1 member in each household holds a private bank account and they pay R50 in bank charges 51,000,000 / 4 * 50 * 0.14 = 89,250,000 pm x 12 = 1,071,000,000

SA has 45 million active cell phones (population 49 million) – ranking in the top 5 globally in terms of cell phone coverage. (source)
http://www.sagoodnews.co.za/fast_facts_and_quick_stats/index.html

Let's say, each household spends only R50 in call charges 51,000,000 / 4 * 50 * 0.14 = 89,250,000 pm x 12 = 1,071,000,000

Let's say 1 member in each 2 households has a cell phone on contract and they pay R50 in contract charges 51,000,000 / 8 * 50 * 0.14 = 44,625,000 x 12 = 535,000,000

Let's say each household spends an average of R50 pm on clothing and schooling 1,071,000,000
Imports in 2011 were 723,425,980,538

Let's say that the average mark up on Imports is 40%
= 723,425,980,538 * 1.4 * 0.14 = 141,791,492,185

Afrisam has a cement production capacity of 4,6 million tons of cement. There are 4 big domestic producers (Lafarge, Wearne, PPC and several smaller ones) and it is estimated that they have a combined capacity of 11.1 million tons, but i think they don't anyone really has a clue and it's much bigger than that, but whatever!

http://www.masterbuilders.co.za/news/2012/August/rumpus_about_imported_cement.htm

Let's say that a large percentage of local production is also exported and that the Pakistaan imports (already catered for) are to meet demand and that local demand is twice the capacity of Afrisam's production of 4,6 million tons.

That's 4 600 000 000Kg /50 Kg a pocket X2. Bought some pockets the other day (50Kg) at 74.95 (Vat Inc) So vat is 74.95 - (74.95 / 1.14) = R9.20, (they did charge the third decimal and so i paid 2 cents more VAT for 4 pockets, but let's forget that and take it as my 2 cents) Therefore 92,000,000 pockets x 9.20 = 846,400,000 X2 = 1,692,800,000

Let's say that pit sand and aggregate at an average of 3 (150Kg) and 2 (100Kg) to 1 bag of cement to make concrete, plaster and dagga, bricks and fencing, sleepers and RDP houses at 435 units per day, (the latter are built to a ratio of 5 and 2 heaped wheel barrows to a bag of cement and that's why they fall down) and that the price of each of these measures sand and aggregate measures equals the cost of a bag of cement. = 3,385,600,000

Then there's clay for tiles, stocks and bricks and pavers. i'm going to thumb suck this and round it off, by saying that it takes the same cost to stick this stuff together with, as what the stuff costs = 5,000,000,000
Here's a few figures on 1 shopping mall

http://www.engineeringnews.co.za/ar...nits-of-product-to-middelburg-mall-2012-05-11

Now there is iron and steel and aluminium, to manufacture window frames, doorways, rooves, structural reinforcement, afdaks, locomotives, winches, cables, headgears, rails, 4lb hammers, gwalas, pangas, spades, wheelbarows, beds and traditional weapons not to forget burglar bars, rasor wire and palisade fencing. 10,000,000,000
(another thumbsuck, but probably underestimated, thanks to burglar bars and pallisade fencing and the policies of cANCer forcing us to lead imprisoned lives - if you want to dispute this think about wood for trusses, mine packs and furniture which i'm not even calculating here, but maybe i should).

Then there's copper, the stuff that pays for election campaigns in cable theft, etc.

http://www.engineeringnews.co.za/ar...eft-declared-a-high-priority-crime-2011-06-23

If that much is stolen then it must cost about that much just to replace.
(5,000,000,000 x 0.14 = 700,000,000)

We constantly hear of how much service delivery is made to the rural areas to the previously disadvantaged through the legacy of Apartheid, so conservatively if we expand as much as what we steal, i'll just double that to make a grand total of 1,500,000,000

http://bestsellingcarsblog.com/category/south-africa/

in October there were 57,845 car registrations and year-to-date of 524,758 units.
Let's round it of and say 600,000 units a year at an average of R150,000 per unit (it's a thumbsuck, but buses, trucks, trailers, military vehicles repair, maintainance and panel beating and matches and tyres are not included here, this is just brand new cars and 4X4's that never go further than the salad bar at Woolworths) 12,600,000,000
i could go on, but what have i got so far?

52500000000
4536000000
1071000000
535000000
1071000000
141791492185
1692800000
3385600000
5000000000
10000000000
12600000000
Grand Total 234,182,892,185
Declared 190,500,000,000
Difference = 39.2 billion

At least 20% of the VAT base, (now that is just the VAT base - i whish to reitterate that this is just the VAT base - are you listening? THIS IS JUST THE VAT BASE!!!) is lining pockets, while people are not doing their jobs! Some serious a$$kicking has to be done here! E&OE!!!

The next person that says SARS is so wonderful, ill spit in their eye! Now have fun....
 
I read the first paragraph.

There is no VAT on bread, milk and eggs so your whole argument is invalid.
 
Hmm I'm confident that you don't have nearly enough assumptions there to calculate the entire VAT bill. What about golf fees? Did you include that? nope

Also many of the items you included do not carry VAT like bread and milk. Therefore all your hard work falls through.
 
My hard work is like a speck of sand in the Kalahri in comparison to the hard work of the cANCer do to line their pockets and make us as poor as possible and the only thing they have to show for it in 18 years is that bread, milk and eggs, (and pap) don't attract VAT. A very magnanimous argument. "So there you are take 10 billion." Probably the exact same words said at an ANC table gathering. So is that ALL i have to find? You'll have to do a lot better than that.

Go here:

http://www.tradingeconomics.com/south-africa/consumer-price-index-cpi

Change the year to 1960 then click "UPDATE"

What has been driving it? Satan and the Illuminati

What is your short term forecast? Their greed will f#@$ the world to ashes by September 2015, so sharpen your swords for Armegeddon.

Making R9 to the dollar is as just as easy for the haves, as it is for the Government to make all of the have nots 9X poorer and disenfranchised than what they ever were before.

Again i say, way to go Bishop Tutu! Wish you could have mentioned the real reason. Iraq was tragic, but a weak excuse by any comparison to what the return to the Commonwealth has done to this Country!
 
Unfortunately Celine this is not for little old ladies with purple updoes sucking peppermints. This is serious stuff here! But you know a thing or 2 doll, help me find 10 billion quick, pretty please!
 
Never mind i've got it. i only calculated the stuff like those books with the blockies in and lines and margins. Do they charge VAT on on all that crap we have to read in Newspapers and the junk they put in text books that don't get delivered? YES LET'S JUST WRITE IT ALL OFF TO ISSUES! Don't profess to be my alter ego MickZA, you're not dealing with the run of the mill that you're probably payola sent to badger now!
 
Never mind i've got it. i only calculated the stuff like those books with the blockies in and lines and margins. Do they charge VAT on on all that crap we have to read in Newspapers and the junk they put in text books that don't get delivered? YES LET'S JUST WRITE IT ALL OFF TO ISSUES! Don't profess to be my alter ego MickZA, you're not dealing with the run of the mill that you're probably payola sent to badger now!

Yep, confirmed. Boxy has issues.

/crosses road to avoid Boxy
 
i live in Monaco now along with 15.3 million other beneficiaries. Life is great and especially the meds. They come in bankies. What's a tax return? Oh that thing you can e-file now. Aw! This technology is just getting too much for me. I'm on majat and everyone else is on e!
 
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i live in Monaco now along with 15.3 million other beneficiaries. Life is great and especially the meds. They come in bankies. What's a tax return? Oh that thing you can e-file now. Aw! This technology is just getting too much for me. I'm on majat and everyone else is on e!

Last ime I checked Mogale wasn't in Monaco?

The next person that says SARS is so wonderful, ill spit in their eye! Now have fun....
Why will people in Monaco be saying that?
 
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