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8.33%

1.1¢ way 2 vat ltd.

Ann: Investor Presentation, page-27

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TopGun1

12,609 Posts.

2567

14/03/24

15:53

Post #: 72888381
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Originally posted by Steini ↑

I recommend to everyone to read through the GST guidelines, % numbers for different foods just as one example. Normally we expect 10% GST in AUS but not all items attract 10%. Some 10%, some 0%. As a start have a look at your supermarket docket and work out the % stated. Hardly ever 10%, mostly a lot less. Now imagine that for all goods and services. To top it, let's go to Europe. Even worse. I had to deal with simple staff in Germany in the 90s, already head scratching back then.

If they got the software to deal with all implications for each country, tax man approved and accepted, then that will take off like Space X.

GLTA

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Different goods and services attract different rates of VAT/GST.

It's a complete nightmare for companies.

Our intelligent AI driven software, can do all the work.

If they can push the other services offered, it could really drive revenue this year.

W2V Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $10.48M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$15K	1.363M

Buyers (Bids)

No.	Vol.	Price($)
3	318082	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	515642	2

View Market Depth

No.	Vol.	Price($)
3	318082	0.011
3	800800	0.010
5	2102151	0.009
10	2848231	0.008
2	342857	0.007

Price($)	Vol.	No.
0.012	515642	2
0.013	2886234	4
0.014	2737960	3
0.015	1514392	4
0.016	262437	2

Last trade - 11.17am 17/07/2024 (20 minute delay)

W2V (ASX) Chart