Home For AAT student members AQ 2013 AAT Level 3 (Level 6 in Scotland)
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Indirect Tax Net VS List price

Hi, can anyone confirm the difference between Net and List price? I thought List price was before any discounts or VAT and that Net price was after discounts (such as trade/bulk) and before VAT. I've just done a Green Light test in which they ask you to calculate the VAT on a Net price after giving you discount, but I thought the Net had already considered the discount. Any help would be much appreciated.
Sign In or Register to comment.