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Yes, if sales is VAT EXCLUSIVE

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12y ago

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Related Questions

When did François Vatable die?

François Vatable died in 1547.


What are example of vatable sales?

100


Is offshore surveying vatable in the UK?

no


What is gross value?

Gross Development Value is the retail or sale value of property after construction.


Is VAT payable on Cash Discount portion?

No, only the disounted amount is Vatable, the cash discount is not a vatable supply, therefore no VAT is payable on it.


How do you Gross up sales tax?

Sales Tax / Sales Tax Rate = Gross Sale


What is gross development value?

Gross Development Value is the retail or sale value of property after construction.


What does v by amount mean on asda receipt?

Well I know when there is a D next to the item, it means that item is non-vatable, so when there is a V I would say it means the item is vatable.


How do you price a business for sale?

i think it is 3 x gross sales


Is commission paid on gross or net sales?

it depends what you negotiated with your employer in your contract. typically, gross sales is your total sale, and net sales would be your employer's "cut" of the sale. Ex. if you get 10% of a $10,000 sale (gross), you would take home $1000. if you get 10% of your employer's cut (net) on the same sale, you would take home $250. obviously, it is much better to be paid on gross sales than net sales - always negotiate in YOUR best interest. i work in the medical sales industry, and we are all paid on gross sales - but we negotiated for this. hope it helps!


Can you give me an example of a gross sale and net sale?

10 unit sold for 50 is an example of gross sales. now suppose that 5 units of 25 returned by the customer so now net sales as follows: Gross sales (10 * 5 ) 50 Less: returns (5 * 5) 25 Net sale 25


What is the sale if gross margin mark-up is 40 of cost?

Could be anything, 40 is gross profit after costs of goods sold is deducted.