Arthur Daley would likely ask Dave for a VAT at his usual haunts, such as his office or a nearby pub where they often discuss business deals. The request would be in relation to a transaction involving one of Daley's shady dealings, reflecting his character's penchant for navigating the grey areas of commerce.
To calculate the amount before VAT from a total of 1800 that includes VAT, you need to know the VAT rate. For example, if the VAT rate is 20%, the calculation would be: 1800 / 1.20 = 1500. Therefore, 1800 less VAT at 20% would equal 1500. The answer will vary based on the VAT rate used.
No, net of VAT and VAT inclusive are not the same. "Net of VAT" refers to the price before any VAT is added, while "VAT inclusive" indicates the total price that includes VAT. For example, if a product costs $100 net of VAT and the VAT rate is 20%, the VAT inclusive price would be $120. Understanding the distinction is crucial for pricing and accounting purposes.
To work out VAT on a gross price, first, identify the VAT rate applicable in your region. Then, divide the gross price by 1 plus the VAT rate (expressed as a decimal). For example, if the gross price is $120 and the VAT rate is 20%, you would calculate $120 ÷ 1.20, which yields a net price of $100. The VAT amount would then be $120 - $100 = $20.
You pay VAT on goods items. VAT (value added tax) is at 20% of the item you buy. So say you bought a 1000 pounds worth of TV, you would pay 100 pounds VAT. hope this helped
If you mean VAT as in Value Added Tax then the government would find another way of taxing you.
If the 545 is inclusive of VAT then the VAT element is 71.08, however if the 545 is exclusive of VAT then the VAT would be 81.75
To calculate the amount before VAT from a total of 1800 that includes VAT, you need to know the VAT rate. For example, if the VAT rate is 20%, the calculation would be: 1800 / 1.20 = 1500. Therefore, 1800 less VAT at 20% would equal 1500. The answer will vary based on the VAT rate used.
No, net of VAT and VAT inclusive are not the same. "Net of VAT" refers to the price before any VAT is added, while "VAT inclusive" indicates the total price that includes VAT. For example, if a product costs $100 net of VAT and the VAT rate is 20%, the VAT inclusive price would be $120. Understanding the distinction is crucial for pricing and accounting purposes.
There will be less vat.
Brand New Glock 19 (generation 3) approx R8200 (VAT Included) from Dave Sheer Guns in Johannesburg.
In Ghana, Value Added Tax (VAT) is calculated by applying the VAT rate, which is currently 12.5%, to the taxable value of goods or services. To calculate VAT, multiply the taxable amount by the VAT rate (e.g., taxable amount x 0.125). For example, if the taxable amount is GHS 1,000, the VAT would be GHS 125. The total amount payable would then be the sum of the taxable amount and the VAT.
To work out VAT on a gross price, first, identify the VAT rate applicable in your region. Then, divide the gross price by 1 plus the VAT rate (expressed as a decimal). For example, if the gross price is $120 and the VAT rate is 20%, you would calculate $120 ÷ 1.20, which yields a net price of $100. The VAT amount would then be $120 - $100 = $20.
You pay VAT on goods items. VAT (value added tax) is at 20% of the item you buy. So say you bought a 1000 pounds worth of TV, you would pay 100 pounds VAT. hope this helped
value added tax
If you mean VAT as in Value Added Tax then the government would find another way of taxing you.
The types of VAT........ 1 ) INPUT VAT @ 4 % 2 ) INPUT VAT @ 1 % 3 ) INPUT VAT @ 12.5 % 4 ) OUTPUT VAT @ 1 % 5 ) OUTPUT VAT @ 4 % 6 ) OUTPUT VAT @ 12.5 %
There is no such term as gross of VAT. The amount with VAT is called the gross amount while the net of VAT is the amount after the VAT has been deducted.