2026-10-02
How to add or remove VAT from a price
Net plus tax, or gross back to net. Pick one direction before you type.
To add tax, multiply the net price by one plus the rate. A 100 price at 20 percent becomes 120.
To remove tax from a gross price, divide by one plus the rate. 120 at 20 percent returns 100. Subtracting 20 percent from 120 gives the wrong net.
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