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How do you work out the VAT?

Benjamin Hayes | 2023-05-07 14:51:55 | page views：1366
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Zoe Wilson

Studied at the University of Barcelona, Lives in Barcelona, Spain.
To work out a price including the standard rate of VAT (20%), multiply the price excluding VAT by 1.2. To work out a price including the reduced rate of VAT (5%), multiply the price excluding VAT by 1.05.
2023-05-15 14:51:55
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Felix Martin

QuesHub.com delivers expert answers and knowledge to you.
To work out a price including the standard rate of VAT (20%), multiply the price excluding VAT by 1.2. To work out a price including the reduced rate of VAT (5%), multiply the price excluding VAT by 1.05.
Businesses and charging VAT: VAT-inclusive and exclusive prices ...
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