answersLogoWhite

0


Best Answer

VAT should not be shown in any part if the profit and loss statement, it will only appear on the balance sheet. So unless the company is not VAT registered then VAT will nit be in the margin.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is the VAT tax on the profit margin?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the average profit margin for bar and grill?

In Canada the after tax profit margin is 4%


If net profit after tax is 64000 and sales is 720000 what is the net profit margin?

Net profit margin = 64000 / 720000 * 100 Net profit margin = 8.89%


Calculation of Profit After Tax Margin?

Gross Profit or Earning Before Interest and Tax (EBIT) Less : Interest Earning Before Tax (EBT) Less : Tax Net Profit or Profit After Tax (PAT)


What is the average after tax profit margin of a US supermarket?

One percent after taxes


What does profit margin mean?

Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin


How do you calculate a profit margin ratio?

Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue


What is standard vat?

A value-added tax (VAT) is a form of consumption tax.


What corporations paid no taxes?

Corporation tax is paid on company profit (not turnover). Companies that made no profit pay no corporation tax. They do pay tax in other ways. National insurance, for example, and effectively make a contribution to VAT and income tax. Companies have various ways of reducing the declared profit, and thereby reduce the amount of corporation tax paid


How do you calculate profit margins?

Gross Profit Margin = Gross Profit/Revenues Net Profit Margin = Net Profit/Revenues


What is a net margin?

The Net Profit Margin is an Expression of the Net Profit as a percentage of the Revenue, where the Net Profit is the Revenue minus all Expenses. The Net Profit Margin can be calculated in the following ways: Net Profit Margin = Net Profit/Revenue*100 [or] Net Profit Margin = (Revenue - all Expenses)/Revenue*100


Is vat a direct tax or indirect tax?

VAT- Value Added Tax is an indirect tax. It is also easier for the consumer to pay the amount in installments rather than paying a huge amount to the government for the betterment of economy. You can hire a VAT Tax agent in UAE from Flyingcolour Tax Services to get VAT advise for your business.


What is the difference of gross profit and gross margin?

Gross profit is the amount of profit in dollars...gross margin is the % profit to expenses