20% Vat

YaziYazi Well-KnownRegistered Posts: 225
Gross amount divided by 6 = nett amount.

Easy this time...!


  • anniemanniem Experienced Mentor Pewsey, WiltshireRegistered Posts: 1,325
    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
  • katie2008katie2008 Trusted Regular Registered Posts: 294
    Well thats an easy one to remember! Loads better than 7/47 or 6/36 lol.
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