Working out your VAT

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August 17, 2020

If you have a receipt that includes VAT but the supplier hasn’t split out the VAT how do you work out the VAT?

Just follow this quick calculation to work it out – assuming it’s 20% VAT!


To calculate the VAT divide the gross amount by 6.


To calculate the net amount multiply the gross amount by 5/6ths

Let’s look at an example: A gross invoice for £120.00

The VAT is £20 [£120.00 divided by 6]

The Net is £100 [£120 multiplied by 5/6ths]

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