FINANCIAL MANAGEMENT TIPS
What Proportion of a Price is VAT?
Just a simple tip - if VAT is added at 20%, then VAT represents just under 17% of the VAT-inclusive price:
100.00 | 83.33% |
20.00 | 16.67% |
120.00 |
100.00% |
At the old rate of 17.5%, then VAT represents just under 15% of the VAT-inclusive price:
Camwells celebrates two decades at the forefront of business
Why not try the Camwells 360° Business Review? Free initial discussion:
'Camwell Consulting'
was founded in 1993.