8.5 percent of the pre-VAT price.
From net figure: assume Vat rate=16% Vat amount=16/100*net figure from Gross figure Vat amount =16/116*gross figure
Work out 17.5% (current vat rate 2010) of the items price then minus the answer from the original price of the item
Multiply the VAT figure by 5 ie: VAT amount £20 x 5 gives you a net figure of £100.00.
12 percent VAT of 2350 pesos is 282 pesos.
19 percent VAT on 110 euros is 20.9 euros.
If the 545 is inclusive of VAT then the VAT element is 71.08, however if the 545 is exclusive of VAT then the VAT would be 81.75
The difference is 8.5 percent of the purchase price, or 3.125 times as much at 12.5% as at 4%.
Multiply the pre-VAT amount by 0.12
Divide by 1.whatever the rate is. ie If vat is 17.5% you would divide the gross by 1.175 to get the net figure, the vat is the difference between the two.
how to enter vat 13.5 % in tally 7.2
Divide the 2450 by 1.14 which gives you 2149.12, then subtract that from the original number to reveal the VAT amount of 300.88. This works for any figure you want to remove a percentage from.
Adding 15 percent of VAT to Â£200 gives Â£200 x 1.15 = Â£230.
VAT - is the equivalent of the sales tax in america - In the UK it is currently set at 20 percent.
Â£1,020 plus 17.5% Vat of Â£178.50 = Â£1,198.50 If the Â£1,020 is inclusive of 17.5% VAT then the VAT amount = Â£151.92
The VAT rate is 4 percent.
Multiply the ex-VAT cell by 1.2 Multiply the ex-VAT cell by 1.2 Multiply the ex-VAT cell by 1.2 Multiply the ex-VAT cell by 1.2
The total times 0.2
Multiply the total by 0.2
Net turnover is turnover reduced by taxes linked to it, like VAT. In other words, it is what you get for the products you sell and services you provide, minus VAT that had to be paid for them.
13.5% = 0.135 as a decimal
Multiply by 15, then divide by 100.