calculate vat percentage

johnson111
Mensagens: 22
Registrado em: 15 Jul 2021 01:43

calculate vat percentage

Mensagempor johnson111 » 13 Ago 2022 18:19

VAT calculation formula for VAT exclusion is the following: to calculate vat percentage having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including eurocents).

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