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Author VAT Calculation
DaveyLC
Member
Registered: 8th Oct 08
Location: Berkshire
User status: Offline
3rd Aug 09 at 13:05   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Welsh Dan
Am I missing something, or are you lot all making it look harder than it is to work out 15% of a total?

Just do 10% of the total, then add half of that amount again


But it isnt 15% of the total..
Welsh Dan
Member
Registered: 23rd Mar 00
User status: Offline
3rd Aug 09 at 13:12   View User's Profile U2U Member Reply With Quote
I've obviously misunderstood it then, but I thought that you were trying to work out the VAT at 15% on a total amount.
DaveyLC
Member
Registered: 8th Oct 08
Location: Berkshire
User status: Offline
3rd Aug 09 at 13:20   View User's Profile U2U Member Reply With Quote
he is..

think about what you are saying for a second

£100 + 15% vat = £115 yeah?

But £15 IS NOT 15% of £115 is it

[Edited on 03-08-2009 by DaveyLC]
Welsh Dan
Member
Registered: 23rd Mar 00
User status: Offline
3rd Aug 09 at 15:52   View User's Profile U2U Member Reply With Quote
Doh, reading (and maths) fail on my part

I realised that the method I remembered was only any good for adding on the VAT, not taking it away. Oops


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