See the related link for a guide on VAT and how to calculate it. You can also use a VAT calculator such as the one in the related links.
*To calculate the price before VAT
Use the reciprocal of the VAT percent, found as 100/(100 + VAT)
e.g. for 15%, multiply by 0.87 (100/115) and that will bring you back to the approximate pre-VAT value.
The total times 0.2
1096.50
Multiply by 15, then divide by 100.
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.
First you need to take of the head and then dump it into a vat of water. Then just calculate the water displacement. This can be done by decapitating the subject.
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Just use a VAT calculator
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
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selling price / 0.15
The total times 0.2
1096.50
Multiply the VAT figure by 5 ie: VAT amount £20 x 5 gives you a net figure of £100.00.
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