20% Vat

Yazi
Yazi Registered Posts: 225 Dedicated contributor 🦉
Gross amount divided by 6 = nett amount.

Easy this time...!

Comments

  • anniem
    anniem Registered Posts: 1,326 Beyond epic contributor 🧙‍♂️
    Yep - MUCH more sensible than having VAT at 17.5% ..... perhaps they should have changed it years ago ??????? :lol:









    Mind you 10% would be easier still!
    FMAAT - AAT Licensed Member in Practice - Pewsey, Wiltshire
  • katie2008
    katie2008 Registered Posts: 294 Dedicated contributor 🦉
    Well thats an easy one to remember! Loads better than 7/47 or 6/36 lol.
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