GST / VAT Calculator
Result
Removing tax divides by 1 + rate rather than subtracting the percentage, which is the common mistake: 20% off a gross 120 is 96, but the correct net figure is 100.
Add tax to a net price or strip it back out of a gross one.
Removing tax divides by 1 + rate rather than subtracting the percentage, which is the common mistake: 20% off a gross 120 is 96, but the correct net figure is 100.
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