Jump to content

Recommended Posts

Posted
1 hour ago, Vijay said:

 

This works - but you don't need an online tool. Just use these :

 

If you want a total with VAT and you have the ex-VAT price then : IncVAT = ExVAT * 6/5

If you want the ex-VAT price and you have the inclusive price then : ExVAT = IncVAT * 5/6

If you want the VAT amount from an exclusive price then : VAT = ExVAT / 5

If you want the VAT amount from an inclusive price then : VAT = IncVAT / 6

 

The last one is the one that often confuses people :).

 

- reddal

Posted

Just divide or multiply by 1.2, divide to get the net price (VAT is the difference) or multiply the net price by 1.2 to get the gross price.  Simple.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...