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| *Ostroff, Fair and Company>>>United Kingdom Taxes |
How do you work out the vat on an amount? |
How do you work out the vat on an amount? a) If you sell some thing for 拢100 + VAT, the VAt to add is 17.5 % b) If you sell something for 拢100 incl. VAT, the VAT you owe is 100 - 100/1.175 or 14.89% Add 17.5% to the total Amount + 17.5% = total |
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