According to the HM Revenue and Customs website, VAT was temporarily reduced from 17.5% to 15% on the 1st of December 2008 and it returned to 17.5% on the 1st of January 2010.
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95.8 euros
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
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E-VAT, or Electronic Value Added Tax, refers to a digital system for collecting and managing value-added tax (VAT) electronically. It streamlines the VAT process by enabling businesses to submit their tax returns and payments online, improving efficiency and reducing paperwork. E-VAT systems often include features such as real-time reporting and automated calculations, making compliance easier for businesses and tax authorities.
The VAT increase will certainly impact on the poorest secition of the community - as it will make food & fuel more expensive.
8.5 percent of the pre-VAT price.
Divide by 100: 175 percent = 175/100 = 1.75
12 percent VAT of 2350 pesos is 282 pesos.
19 percent VAT on 110 euros is 20.9 euros.
30% of 175= 30% * 175= 0.3 * 175= 52.5
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
50 percent of 175 = 87.5
15 percent of 175 is 26.25; therefore, 175 less 15 percent is 148.75.
The difference is 8.5 percent of the purchase price, or 3.125 times as much at 12.5% as at 4%.
40 percent of 175 is 70.
175 = 17,500%
68 percent of 175 is 119.