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Calculating VAT (value added tax)
I understand that many US people may use this forum more than the UK.....but
here goes... I want to calculate the VAT element of an amount, for example: £35,000 sales @ 17.5% amount less VAT is: £29,787.23p VAT element is: £5,212.76p I need a formula that just gives me the VAT element. Many thanks US !!! Rod |
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