V3.570 Algebraic formulae

The individual schemes are briefly summarised in V3.571–V3.573 using algebraical formulae based on the following notation—

GRDaily gross takings taxable at positive and zero rates
IPInput tax incurred on goods purchased for resale
LCTax-inclusive value of current stock taxable at the lower rate
LECExpected selling price of current stock taxable at lower rate
LEPExpected selling price of goods purchased taxable at lower rate
LESExpected selling price of opening stock taxable at lower rate
LPTax-inclusive cost of goods purchased taxable at lower rate
LRDaily gross takings taxable at the lower rate
LSTax-inclusive value of opening stock taxable at the lower rate
SCTax-inclusive

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