Note that in answering this part of the question, you are not expected to take account of any of the information provided in parts (a) and (b) above unless otherwise indicated.

The following information is available in respect of Greenzone Ltd’s value added tax (VAT) for the quarter ended 31 March 2013:

(1) Output VAT of £38,210 was charged in respect of sales. This figure includes output VAT of £400 on a deposit received on 29 March 2013, which is in respect of a contract that is due to commence on 20 April 2013.

Required:
(i) Calculate the amount of value added tax (VAT) payable by Greenzone Ltd for the quarter ended 31 March 2013;