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"Nett" typically refers to the amount after all deductions, including taxes like VAT (Value Added Tax). Therefore, if a price is quoted as "nett," it usually means it does not include VAT. Conversely, if a price is stated as "gross," it would include VAT. Always check the context to be certain, as terminology can vary.

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5mo ago

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Related Questions

What is the Difference between nett and gross invoice?

Nett is pre VAT on an invoiceGross it the total cost due (inclusive of VAT)Hope this helpsLiz. H


Does nett price include GST?

Nett Price does not include GST


Is nett price inclusive of vat?

No, Net Amount is the amount before VAT is added. Once VAT is added it then becomes the Gross Amount. Net price is exclusive of VAT


Nett mean in German?

Nett means nice


How tall is Bob Nett?

Bob Nett is 6' 2".


How tall is David Nett?

David Nett is 6' 2".


Does the London congestion charge include VAT?

Does_the_london_congestion_charge_include_VAT


Does the gross value on an invoice include vat?

yes


Does a net figure include vat?

A net figure typically refers to the amount before any taxes, such as VAT (Value Added Tax), are applied. Therefore, it does not include VAT. The gross figure, on the other hand, is the total amount that includes VAT. Always check the context in which "net" is used, as definitions can vary.


What is das ist nett?

Das ist nett = that's nice.


What nicknames does Eleanor Nett go by?

Eleanor Nett goes by Nora.


What are the sources of vat?

Value Added Tax (VAT) sources primarily include the sale of goods and services to consumers. Businesses collect VAT on their sales and remit it to the government, while also being able to reclaim VAT paid on their purchases. Other sources may include imports, where VAT is charged on goods entering a country. Additionally, some jurisdictions may apply VAT on specific sectors, such as utilities or luxury items.