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Work out 17.5% (current vat rate 2010) of the items price

then minus the answer from the original price of the item

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Q: How do you minus vat?
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Minus vat 20 percent off a figure?

X / 1.20 = x minus vat @ 20%


What is net turnover?

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What was the purpose of vat?

What is the purpose of vat