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07-04-2006, 10:28

Ummm....

Thanks for the responses...

If I put a total in of Â£30 - the VAT is Â£4.47 and the net is Â£25.53....thats wrong isn't it? Should'nt it be Â£5.25 and Â£24.75? - At least thats what calc works it out too!

07-04-2006, 10:28	#4
LSainsbury Guest Location: Near Hungerford, West Berkshire Services: TV: Sky HD, Landline: BT, Mobile: Orange, Internet: Quite Slow! Posts: n/a	Re: Excel: Calculating VAT Ummm.... Thanks for the responses... If I put a total in of Â£30 - the VAT is Â£4.47 and the net is Â£25.53....thats wrong isn't it? Should'nt it be Â£5.25 and Â£24.75? - At least thats what calc works it out too!