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How do you calculate the vat from a final vat inclusive amount?
Divide the TOTAL by (1+the VAT rate) - this will give you the VAT exclusive price, then simply subtract that from the total price to get the VAT amount. For example...Say the retail price is 29.99 - Divide by 1.175 (current VAT rate)This gives 25.52 - subtract that from the original priceThus the VAT portion of the total price is 4.47
What is the current VAT rate in SA?
14%
What is the current vat rate in the Philippines?
12%
What was the introductory rate of vat in England?
9%
What will be the tax rate in rajasthan for CST sales without C Form?
normal vat rate of particular item
What have been the Rates of vat since 1973 in the UK?
8 per cent. d.jones If you check with the Institute of Fiscal Studies you will see that the VAT rate in April 1973 was 10%. It was reduced to 8% in the following year.
What was v a t rate in 1973?
When VAT was introduced in 1973 it was at the rate of 10% shortly after its introduction some luxury items were raised to 25%. This was scrapped when a new rate of 15% was introduced by Thatcher in her first term in office.
What is vat rate of calcium hypochlorite in maharashtra?
what is vat rate of calcium hypochlorite in maharashtra
Which pm introduced vat?
VAT was introduced in 1973 the P.M. was Edward Heath
What is the current rate of vat sales tax in west Bengal?
vat rate wooden furniture
What are the 3 type of VAT?
You have standard rate VAT which is 20%, this covers mostly everything. You then have reduced rate VAT which is at 5%, this is normally for domestic fuel. Then there is zero rate VAT which is 0% and is for most food, childrens clothing etc.
What is the rate of vat in Assam state?
What is vat rate for electrical appliances like fridge etc in assam
Is the vat rate changing in Cyprus?
The answer is yes, it is.From 1st of March VAT rate will be increased to 17%.
What is the vat rate for thickness measuring gauge in Delhi?
vat ra
What is the rate of VAT if an article marked at rupees 5000 is sold for rupees 5200?
The VAT rate is 4 percent.
When was VAT introduced in UK?
1972. April 1st 1973 to be precise.
What is the vat rate for furniture in andhra pradesh?
VAT for buying Furniture in A.P.
