How do you calculate VAT on a spreadsheet?

Let’s learn how do you calculate VAT on a spreadsheet. The most accurate or helpful solution is served by Yahoo! Answers.

There are ten answers to this question.

Best solution

How do i calculate the original price of an item when all I know is the VAT content.?

I am a bookseller, who also sells VATable gifts. The accounts spreadsheet I am using asks for 2 figures, the amount of VAT Free sales (Books are Zero Rated for VAT) and the amount of VAT Sales. My EPOS system knows which items are VATable and which are not, and it gives me 2 figures, the amount of sales (Total) and the amount of VAT I owe the tax man (17.5% of my VATable sales). Is there a way to calculate my VATable sales Value if i know the amount of VAT i know so I don't need to completely rewrite...

Answer:

a simple division. VAT on the gifts is 17.5%. This is 0.175 as a decimal. 100% (the whole price) is...

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Luke B at Yahoo! Answers Mark as irrelevant Undo

Other solutions

I need to calculate VAT on a spreadsheet...?

I need to calculate VAT on a spreadsheet and must use a cell that is formatted to % at 17.5%. The value of the item is in cell E5, the 17.5% is in cell F3 and the VAT amount should be in cell F5

Answer:

http://www.exceltip.com/exceltips.php?vi… See if this link helps! :)

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TheC at Yahoo! Answers Mark as irrelevant Undo

Is there a way to use excel to calculate how much I should save for tax each month as a sole trader?

I'm a a recently self employed flooring fitter (sole trader), I only have very simple accounts with income from jobs paid on completion and only a few expenses for tools and consumables etc each month. I currently have a spread sheet set up to keep tabs...

Answer:

over the last 30 years of my employed life i have seen tax go up and down and national insurance go...

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beenther... at Yahoo! Answers Mark as irrelevant Undo

Vat spreadsheet calculation please for profit?

I want to know how much profit I make on a product, taking into account buying and selling vat costs, vat on courier etc. Can anyone give me the correct spreadsheet cells and formulae for the following example :- cost of product to me £11.16 ex...

Answer:

Hiya Steve, just emailed you the spreadsheet. Good luck and if you need any further calcs, just email...

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How to Calculate Profitability with Mixed VAT Values?

Hi. I sell some products on Amazon and have a mixed set of figures (some include VAT, others do not) to work with. I need to work out if my products are profitable or not. Here's a typical set of values: + Sale Price (incl. VAT): £49.95 - Cost...

Answer:

If you are VAT registered then you just ignore all VAT (purchase and sale). If you are not registered...

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Robyn F at Yahoo! Answers Mark as irrelevant Undo

How do i calculate the VAT refund with 20%? Before i used to divide by 6.7142 to calculate the 17.5%?

How do i calculate the VAT refund with 20%? Before i used to divide by 6.7142 to calculate the 17.5%??

Answer:

Very simple. Divide by 6 to give the VAT amount

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paco alvarez at Yahoo! Answers Mark as irrelevant Undo

VAT ? how to calculate ?

selling price 300 vat 17.5 % settlement discount 3 % how to calculte vat ? if trade dicount is given den we subtract vat value from net price but in settlement discount we subtract vat value fron net seeling price

Answer:

If a settlement discount is offered, VAT should be charged on the discounted net cost only. In your...

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yinyang at Yahoo! Answers Mark as irrelevant Undo

How do you calculate the VAT from the MRP and VAT rate?

For example, if you have a bottle of Pepsi with MRP Rs 25, and the VAT rate on soft drinks is 20%, what is the VAT actually paid by the consumer?

Answer:

Apply following calculation Sale Price MRP 25 VAT Rate 20% VAT included in MRP 25*20/125 It will come...

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Varun at Yahoo! Answers Mark as irrelevant Undo

How do i calculate price of vat before vat?

http://www.vatcalculator.org.uk/ this site lets me enter a amount e.g £100 and it will calculate vat and give me £120 how do i do the reverse??? i want to enter eg in £120 and i want to get back £100 ] which site lets me do this...

Answer:

120 * 100/120

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