The standard rate of vat is 17.5%, so when you want to calculate an amount
inclusive of the standard rate of VAT, you multiply by 117.5% or 100%+17.5%,
or 1.175. To calculate a zero rate add 0 to the whole percentage, that is
100%+0% or 1.

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HTH

RP
(remove nothere from the email address if mailing direct)


"Niek Otten" wrote in message
...
Hi Geoff,

Excel will multiply a zero rate.
What happens in your case? What's your formula?

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Kind Regards,

Niek Otten

Microsoft MVP - Excel

"Geoff" wrote in message
...
Hi

I want to create a formula where if for example I have £100 in a column,
the next column to put the vat rate 1.175 and the next column to sum
both
these figures giving the answer of £117.50.
The above I can do without any problems. The help I need is if the vat
rate is zero.
What formula do I use so that the figure put into the vat rate column
whether it be 1.175 or 0.00 excel will calculate. Excel will not
multiply
a zero rate
Hope this makes sense
Thanks in advance