09-01-2011, 16:11
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#24
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Inactive
Join Date: Jun 2003
Location: Cambridge
Posts: 16,760
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Re: Excel - working out net and vat?
Quote:
Originally Posted by progers
A price including VAT (before it went up) is equivalent to 1.175 times the nett price so the nett price is the price with VAT divided by 1.175 and the VAT is the price with VAT minus the nett price
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http://www.cableforum.co.uk/board/35149515-post9.html
http://www.cableforum.co.uk/board/35149518-post11.html
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