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From net figure: assume Vat rate=16%

Vat amount=16/100*net figure

from Gross figure

Vat amount =16/116*gross figure

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Q: How do you work out vat on a calculator?
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Related questions

What is the formula you need to calculate vat?

Just use a VAT calculator


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Need a vat calculator only to put in amount and the vat amount will show south Africa?

Not unless you can program a key with the VAT rate, since the tax rate varies from one country to another and calculator makers prefer to make a model that will sell across the world rather than in only one country.


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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 VATUse 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.


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VAT calculators are used to calculate the total cost of an item to a business. This calculation includes things like labor, overhead, shipping, and other costs to help a business price their goods.


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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


How do you add V.A.T on excel 2007?

choose where you want to show the vat type = click on the cell you want to add vat to type +0.175* then click on the cell you want to add vat to example - =Z1+0.175*Z1 hope this helps (its a formula by the way!)


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Will a solar powered calculator work in a dark room?

No, because the calculator is solared power so which means that the calculator will only work in a room that has light or it can also work outside during the day when the sun is out


How does a vehicle loan calculator work?

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