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X / 1.20 = x minus vat @ 20%

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Difference between vat 4 percent and vat 12.5 percent?

8.5 percent of the pre-VAT price.


How do you work out vat on a calculator?

From net figure: assume Vat rate=16% Vat amount=16/100*net figure from Gross figure Vat amount =16/116*gross figure


How do you minus vat?

Work out 17.5% (current vat rate 2010) of the items price then minus the answer from the original price of the item


How do I Calculate the gross figure when only the VAT amount is known?

Multiply the VAT figure by 5 ie: VAT amount £20 x 5 gives you a net figure of £100.00.


What is the 12 percent Vat of 2350 pesos?

12 percent VAT of 2350 pesos is 282 pesos.


What is 19 percent VAT on 110 euros?

19 percent VAT on 110 euros is 20.9 euros.


Calculate 15 percent vat in 545?

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


Does the net figure include vat?

The net figure typically refers to the amount before any taxes, including VAT (Value Added Tax). Therefore, if a figure is described as "net," it does not include VAT. To find the total amount including VAT, you would need to add the applicable VAT percentage to the net figure. Always check the specific context in which the term is used, as definitions can vary.


How do you deduct vat from total figure?

To deduct VAT from a total figure, first identify the VAT rate applied. For example, if the total amount includes a 20% VAT, divide the total by 1.20 to find the net amount before VAT. Then, subtract this net amount from the total to isolate the VAT amount. Alternatively, you can multiply the net amount by the VAT rate to find the VAT directly.


Difference between 4 percent vat and 12.5 percent vat?

The difference is 8.5 percent of the purchase price, or 3.125 times as much at 12.5% as at 4%.


How do you calculate a VAT amount of 14 percent from a total amount of 2450?

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.


How do you compute 12 percent vat on a receipt?

Multiply the pre-VAT amount by 0.12