Ms. Rennet will not pay all the VAT that she receives from her customers to SARS. The VAT that she has to pay to SARS is the difference between what she received from her customers and what she paid to the factory. 3.1 Ms. Rennet buys 500 handbags from the factory at R120 each (excluding VAT). She then sells the handbags to her customers for R190 each (VAT inclusive). Calculate how much VAT the factory has to pay to SARS for the bags that Ms. Rennet bought. (3) 3.1.1 (5) 3.1.2 How much VAT does Ms. Rennet receive from her customers for the bags? Ms. Rennet also has to pay SARS for the VAT she received from her customers. How much VAT will she pay to SARS? 3.1.3 (3)​