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How do you take VAT off a figure?

Samuel Carter | 2023-05-07 15:02:46 | page views：1528
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Ethan Martinez

Works at the International Atomic Energy Agency, Lives in Vienna, Austria.
VAT calculation formula for VAT exclusion is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including eurocents).
2023-05-13 15:02:46
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Penelope Gonzales

QuesHub.com delivers expert answers and knowledge to you.
VAT calculation formula for VAT exclusion is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including eurocents).
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