This examination question paper remains the property of the University of South Africa and may not

be removed from the examination venue.

This examination paper consists of seventeen (17) pages.
IMPORTANT INSTRUCTIONS:
1.
2.
3.
4.
5.
6.
7.

8.

This paper consists of five (5) questions.

All questions must be answered in the template provided.
Please complete the cover page of the answer book in full.
Check that you have the correct number of pages.
The questions in this assessment must be answered in the templates provided.
Attempt the questions where you feel confident that you can get the most marks for first.
The mark allocation is an indication of the amount of time that should be allocated to each question.
Answer all the questions even if you dont quite finish each one. Remember not to leave out a whole
question/s.
Please be neat, as illegible handwriting cannot be marked. You are reminded that answers may NOT
be written in pencil. You must write with blue or black pen. In practice it is unacceptable for
Bookkeepers to use correct fluid (Tipp-ex). Marks will be deducted for the use of correction fluid.
QUESTION

TOPIC

MARKS

10 TRUE OR FALSE STATEMENTS

10

VAT CALCULATIONS AND RETURNS

50

10 MULTIPLE CHOICE QUESTIONS

20

PAYROLL CALCULATIONS

50

PAYROLL ACCOUNTS
TOTAL

20
150

QUESTION 1

10 TRUE OR FALSE STATEMENTS

(10 MARKS)

Indicate whether the following statements are True or False (1 mark each). Clearly write TRUE or FALSE
in the answer column. There is no negative marking so do not leave any questions unanswered.
STATEMENT
1.
2.
3.

ANSWER

Assets are resources controlled by the business from which future economic
benefits are likely to flow to the business.
The skills development levy is a VAT deductable expense.
An employee contributes 1 % of his or her net wages to the Unemployment
Insurance Fund.

4.

Cell phone allowances are included in gross remuneration at 100 %.

5.

Certain foodstuffs, petrol, diesel and exports are exempt supplies.

6.

Donations made by a business are VAT deductible.

7.

When a female is due to have a baby she may claim 17 weeks of dedicated UIF
maternity benefits.

8.

Workers working between 6:00 at night and 6:00 in the morning must receive
additional pay or be able to work fewer hours for the same amount of money.

9.

The credit to the EMP201 control account for UIF will be the employee
contribution only.

10.

If an employer submits their EMP201 via E-filing then the business need only
submit the return on the 14th day of the month following the month of the return.

[10]

QUESTION 2

VAT CALCULATIONS AND THE VAT RETURN

(50 MARKS)

E. Estridge is the owner of Zacharia CC trading as Pete's Pottery. The business is a registered VAT vendor
and accounts for VAT on the invoice basis. You have been supplied with the following information for the
September/October 2011 VAT period.
Business information:

Address: 78 Dalesley Park, Abigail Rd , Imhoff, 7945

VAT number: 4852986349
VAT area code: 41
Tax period code: 10/11
SARS office telephone number: - 021 788 4587
Business telephone number: - 021 783 7451 Business fax number: - 021 783 7452
E. Estridge completes and pays all her VAT returns on the penultimate day for rendering
returns/payments. She pays the return by cheque.

Supply information. All amounts include VAT unless VAT is not applicable. Transactions with non-vendors
are indicated with an asterisk (*).
Cheques issued:
Cheque
Particulars
no.
653 Top Tools (Pty) Ltd

Allocation
Trading inventory

R 38 475.00

654

Zancor Catering

Entertainment expenditure

1 620.00

655

Electro-com

Electricity

2 835.00

656

Renshaw Life

Life insurance

657

Ester Municipality

658

Property assessment rates

12 150.00
2 160.00

Amenities/services

930.15

Zebra

Petrol

121.50

659

Super Stationers

Stationery (for business use)

660

SARS

EMP201 payment

10 125.00

661

Buzuki

Delivery motor cycle

93 150.00

662

Audio World

Staff TV

1 687.50

663

Printer consumables

1 917.00

Payment to creditor

7 560.00

665

Paper Loot
Speed Services
Couriers
SARS

666

Ritas Restoration

Repairs and maintenance*

664

VAT 201 payment

Debits on the bank statement:

Amount

Debit order for monthly internet service provider, R 60 750.00.

Bank charges, R 100 575.00.
Government levies, R 29 700.00.
Stop order for staff room DSTV, R 34 560.00.

Credits on the bank statement:

1 620.00

20 250.00
3 375.00

 Receipt nos 3677 to 4331 for cash sales, R 1 282 500.00.

Received R2 000.00 from A. Smith in part payment of his account.

Receipts not included above:

On 24 October 2011, an amount of R 742 500.00, was transferred from Zambia for goods, which were
sold there.
On 23 October 2011 an original cash invoice was issued for Delivery income, R 16 875.00.
On 25 October 2011 an Equipment was sold for cash, R 76 545.00.
On 28 October 2011 the business received an Insurance payout on stock damaged in transport, R 105
030.00

Other transactions
Credit Losses, R 349 515.00.
Credit notes issued (on standard-rated goods previously sold), R 359.15.
On 31 October 2011 E. Estridge passed a journal entry for interest on the overdue account of a debtor,
F.Mduma for R 33 750.00.
On 26 October 2011 P.O'connell purchased goods from Zacharia CC for R 270 000.00 on credit. The
amount was still outstanding on 25 November 2011.

Required:
(a)
(b)

Calculate the total input and output VAT which E. Estridge can claim or account for on the above
mentioned transactions for September/October 2011.
Complete the VAT return for remittance provided in your answer book.

[50]

Calculation of input tax:

VAT input

Total input VAT The sum of all the VAT input amounts.

Calculation of output tax:

Total output VAT The sum of all the VAT output amounts.

VAT output

QUESTION 3

10 MULTIPLE CHOICE QUESTIONS

(20 MARKS)

Choose the most appropriate alternative from the options provided in each of the following questions. Write
down only the LETTER of your choice next to the corresponding number in the answer book.
MULTIPLE CHOICE QUESTION
1.

A
B
C
D

2.

A
B
C
D

3.

A
B
C
D

4.
A
B
C
D

5.

A
B
C
D
6.

The section of the Basic Conditions of Employment Act that regulates working hours
does not apply to all of the following except
Workers in senior management
Workers that do not pay income tax
Workers who work less than 24 hours in a month
Sales staff who travel and regulate their own working hours

At present it is illegal for any employer in South Africa to require or permit an

employee to work for more than..
45 hours normal time in a given week
8 hours in any given day if the employee works for 5 or fewer days in a week
9 hours in any given day if the employee works for more than 5 days in a week
15 hours overtime in a given week

In terms of meal intervals, an employee must be remunerated for all of the following
except
for a meal interval where the employee is required to work
for a meal interval where the employee is required to be available for work
for a meal interval where the employee is required to remain on the premises
for any portion of a meal interval that is in excess of 75 minutes

All of the following are true with respect to leave except

An employee must be granted 21 consecutive days of annual leave on full pay in
respect of each leave cycle
The 'sick leave cycle' generally refers to a period of 36 months employment with
the same employer
An employee is entitled to four consecutive months maternity leave
An employee that has been employed with the same employer for a period of
longer that 2 months is entitled to 3 days family responsibility leave for the birth of
his child

Remuneration for the purposes of the Basic Conditions of Employment Act include
none of the following except
Reimbursable business kilometres travelled
employer payments for UIF
relocation allowances
housing allowance
The Basic Conditions of Employment Act requires all of the following minimum
information about our employees to be kept by employers except

ANSWER

A
B
C
D

7.

A
B
C
D

8.
A
B
C
D

9.
A
B
C
D

10.
A
B
C
D

a workers name and job

a workers name of next of kin
the amount of time worked
the remuneration paid

All of the following information are non-statutory information requirements except

employee's contract
employee's CV
employee's income tax number
employee's marital status

The 3 documents required for VAT registration are

VAT101, VAT127, VAT130
VAT201, VAT402, VAT130
VAT117, VAT402, VAT130
VAT101, VAT117, VAT130

The Skills Development Act 97 of 1998 came into effect in order to

develop the skills of the South African workforce
increase the levels of investment in education
decrease the unemployment rate
All of the above

The UI fund provides all of the following benefits except

unemployment benefits
illness benefits
benefits for state pensioners
maternity benefits

[20]

SUMMATIVE ASSESSMENT UNISA 2nd SEMESTER 2011

JUNIOR BOOKKEEPER: PAYROLL AND MONTHLY SARS RETURNS

QUESTION 4
(50 MARKS)

PAYROLL CALCULATIONS

You have been provided with the following information for New Yorker Ltd for the month of October 2011.

1. The following tax sliding scale for individuals applied for the year ended 28 February 2012:

TAXABLE INCOME
R
R
0

150
150
235 000
001
235
325 000
001
325
455 000
001
455
580 000
001
580
and over
001

RATES OF TAX
R
27 000
48 250
75 250
120 750
168 250

R
+
+
+
+
+

18% of every R1
of the amount
25%
over
of the amount
30%
over
of the amount
35%
over
of the amount
38%
over
of the amount
40%
over

150
000
235
000
325
000
455
000
580
000

2. Both O.Olive and J.Smith receive a 13th cheque. The business smoothes the tax on the bonus
throughout the year.
3. F.Von Bargen has the full use of a company car. This car (a delivery vehicle) had cost the business
R 175 000.00 (including VAT) when it was bought and allocated to him last year. Based on the relevant
tax legislation effective from 1 March 2011, the value of the monthly taxable fringe benefit of use of a
company car is 3.50% of the cost of the vehicle (including VAT) i.e. R 6125.00. F.Von Bargens
employer must include 80 % of the monthly taxable fringe benefit i.e. R 3 837.72 in his remuneration for
the purposes of determining PAYE payable.
4. Permanent employees contribute 6.50% of their basic salary to the Greens Pension Fund (13 th cheques
are NOT pensionable). New Yorker Ltd contributes to the pension fund on a rand-for-rand basis.
5. L.Spheris and F.Apleni are part time employees that worked for 35 and 22 hours for the month
respectively.
6. Employees are not entitled to housing, cellphone or computer allowances.
7. There are no independent contractors or employees on registered learnerships.
8. Only 80% of the travel allowance is taxable
9. Assume a maximum UIF funding salary of R 12 478.00.
10. All permanent employees belong to the Medak Medical Aid, a registered medical scheme and have all
provided adequate proof of membership to their employer. The company pays the whole contribution to
the medical aid. The following tax concessions apply to medical fund contributions:
R 720.00 for the sole member.
R 720.00 for the first additional dependant.
An additional R 440.00 is allowed as a deduction per additional dependant other than the first
dependant. All contributions paid for an employee aged 65 or older are allowed as a deduction.

SUMMATIVE ASSESSMENT UNISA 2nd SEMESTER 2011

JUNIOR BOOKKEEPER: PAYROLL AND MONTHLY SARS RETURNS

11. The staff members have the following number of dependants and medical aid contributions:

Employee
R.Tshabalala

No. of
dependan
ts
0

Total monthly
contribution paid to
medical aid
R 955.50

O.Olive

R 2 252.10

J.Smith

R 2 456.88

F.Von Bargen

R 2 627.46

R.Brennan
0
R 941.76
12. The rebates allowed in the South African tax system are as follows for the 2011/2012 tax year:
Primary rebate (64 years and younger) R 10 755.00
Secondary rebate (65 74 years)
R 6 012.00
Tertiary rebate (75 years and older)
R 2 000.00

Required:
(a)
(b)

Complete the table provided in your answer book. Make use of the sliding scale schedule.
Complete the abbreviated EMP201 in your answer book.

Note: Show all your calculations

[50]

SUMMATIVE ASSESSMENT UNISA 2nd SEMESTER 2011

JUNIOR BOOKKEEPER: PAYROLL AND MONTHLY SARS RETURNS

(a)

October
2011

Ag
e

Salary

Travel
allowance

Commiss
ion

Taxable
portion of
travel
allowance

Taxable
value of
company
car

Taxable
portion of
medical aid

Pension
fund
deduction

R.Tshaba
76
lala

R6
825.00

R 1 365.00

R
853.00

O.Olive

32

R 37
535.00

R 0.00

R5
067.00

J.Smith

44

R 20
474.00

R 3 071.00

R 0.00

F.Von
Bargen

68

R 23
886.00

R 0.00

R 0.00

R.Brenna
n

51

R7
848.00

R 1 177.00

R
667.00

L.Spheris

23

R7
848.00

n/a

n/a

n/a

n/a

n/a

n/a

F.Apleni

18

R8
531.00

n/a

n/a

n/a

n/a

n/a

n/a

R 0.00
R 0.00

R 0.00
R 0.00

R 0.00
R 0.00

Junior Bookkeeper: Payroll and Monthly SARS Returns Summative Assessment UNISA 2nd Semester 2010

Page 4 of 16

PAYE/SDL
remuneration

UIF
remuneratio
n

PAYE
deduction

-5-

SCPR01L
MAY/ JUNE 2011

(b)
Name of
business:
Return
for:

EMP 201
"Extract"

Submissio
n date:

For illustrative
purposes only

Payment
Details
PAYE
R
Amounts
payable

SDL
c

UIF

6
R

Control total (4 + 5
+ 6 = 7)

Calculations:
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
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...
............................................................................................................................................................................
...
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...
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...
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...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...

SUMMATIVE ASSESSMENT UNISA 2nd SEMESTER 2011

JUNIOR BOOKKEEPER: PAYROLL AND MONTHLY SARS RETURNS

............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
QUESTION 5
PAYROLL ACCOUNTS
(20 MARKS)
The information what follows relates to the salaried employees of Afrika Ltd for the month of October 2011.
Assume a maximum UIF funding salary of R 12 478.00. Ignore voluntary deductions. Assume that all payroll
creditors were paid in full by EFT on 31 October 2011.
SR
10

Salaries register of Afrika Ltd - October 2011

Deductions
Employee
no. & name

Gross
salary
UIF

PAYE

Employers contributions

Total/
Pensio
balanc
n fund
e

Net
salary
Medical
aid

Pension
fund

UIF

(264)
R.Maputo

9
2
124.7 1 531.66
926.00
661.73 318.17
8

7
1 146.99
607.83

661.73

(265)
O.Ogilvy

60
124.7
661.00
8

17
3
21
538.23 639.68 302.69

39
2 911.74
358.31

3639.68

(266)
R.Richards

33
1
9
124.7 7 037.61
485.00
985.25 147.64
8

24
3 705.80
337.36

1985.25

(267) K.Artz

34
2
10
124.7 7 821.33
742.00
316.15 262.26
8

24
3 088.20
479.74

2316.15

(268)
R.Bouman

11
113.6
669.00
5

10
1 217.64
386.80

761.03

(269)
L.Mocke

10
101.4 2 536.75
147.00
7
11
n/a 2 757.25
029.00

(270)
T.Veldhuis

171
714.2
659.00
4

407.52

1
761.03 282.20
-

2
638.22

7
508.78

2
757.25

8
271.75

39
9
49
630.35 363.84 708.42

121
950.57

12
070.37

9 363.84

SDL

124.78 132.12

124.78 556.27

124.78 307.06

124.78 340.74

113.65 106.04

101.47 101.47
n/a

110.29

1
714.24 653.99

Required:

Junior Bookkeeper: Payroll and Monthly SARS Returns Summative Assessment UNISA 2nd Semester 2010
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Page - 6

SUMMATIVE ASSESSMENT UNISA 2nd SEMESTER 2011

JUNIOR BOOKKEEPER: PAYROLL AND MONTHLY SARS RETURNS
pen, post to and balance the E

201 control (B7) in the general ledger of Afrika Ltd :

[20]

General ledger of

Junior Bookkeeper: Payroll and Monthly SARS Returns Summative Assessment UNISA 2nd Semester 2010
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Page - 7

SUMMATIVE ASSESSMENT UNISA 2nd SEMESTER 2011

JUNIOR BOOKKEEPER: PAYROLL AND MONTHLY SARS RETURNS

Calculations:
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
............................................................................................................................................................................
......
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
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...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
............................................................................................................................................................................
...
Junior Bookkeeper: Payroll and Monthly SARS Returns Summative Assessment UNISA 2nd Semester 2010
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Page - 8

SUMMATIVE ASSESSMENT UNISA 2nd SEMESTER 2011

JUNIOR BOOKKEEPER: PAYROLL AND MONTHLY SARS RETURNS

............................................................................................................................................................................
...
............................................................................................................................................................................
...
QUESTION 1: 10 MARKS
QUESTION 2: 50 MARKS
QUESTION 3: 20 MARKS
QUESTION 4: 50 MARKS
QUESTION 5: 20 MARKS
TOTAL
: 150 MARKS

Junior Bookkeeper: Payroll and Monthly SARS Returns Summative Assessment UNISA 2nd Semester 2010
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Page - 9