Uploaded on Jun 11, 2020
If you don't want to calculate VAT manually, try handy VAT calculator https://vatulator.com/
Simple way to calculate VAT
Simple
way to
VATUL ATOR
calculate
VAT
Simple way to calculate VAT
Exclusive amount (Net) 100%
VAT amount (UK VAT rate) 20%
Inclusive amount (Gross) 120%
Simple way to calculate VAT
VAT exclusive VAT (20%) VAT inclusive
(100%) (120%)
25 000 * *
* * 37 000
* 500 *
Simple way to calculate VAT
VAT exclusive VAT (20%) VAT inclusive
(100%) (120%)
25 000 (25 000/100)*20 (25 000/100)*120
(37 000/120)*100 (37 000/120)*20 37 000
(500/20)*100 500 (500/20)*120
Simple way to calculate VAT
VAT exclusive VAT (20%) VAT inclusive
(100%) (120%)
25 000 5 000 30 000
30 833.33 6 166,66 37 000
2500 500 3 000
Simple way to calculate VAT
If you don't want to calculate VAT manually,
try handy VAT calculator https://vatulator.com/
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