vat

rossbray | 18:21 Tue 15th Aug 2006 | Business & Finance

3 Answers

how dop u workout VAT on a calculator ?

or can u tell me the amount that need to be added to �407

thanx

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kempie

VAT = 17.5% ... or 0.175

thus �407 x 0.175 = �71.23 (rounded up to nearest penny)

Ethel

To use a calculator:

Key in

407 x 17.5

And then the % key.

or, if what you actually require is the total figure (i.e. base price + VAT), simply multiply by 1.175.

Chris

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