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sidthekid
30 Jan 10 12:20
Joined:
Date Joined: 01 Aug 03
| Topic/replies: 3,702 | Blogger: sidthekid's blog
Please can someone tell me what is 17 1/2% of £2,922.50p
Many Thanks.

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Replies: 19
By:
Big Charlie
When: 30 Jan 10 12:21
511-44
By:
Tevez is God
When: 30 Jan 10 12:22
511.44 ffs
By:
JamesBlakesHugeArse
When: 30 Jan 10 12:22
FFS
By:
sidthekid
When: 30 Jan 10 12:22
Cheers B.C.
By:
The Magic Flea
When: 30 Jan 10 12:22
.43 inland revenue doesn't round up ;)
By:
JOCI Club
When: 30 Jan 10 12:25
VAT is 15% nowadays though :)
By:
trying to do this for a living
When: 30 Jan 10 12:28
its back up 17.5 %
By:
JOCI Club
When: 30 Jan 10 12:29
My god !
By:
JOCI Club
When: 30 Jan 10 12:30
That didn't last long.
By:
[x] These checkboxes suck
When: 30 Jan 10 12:31
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By:
sidthekid
When: 30 Jan 10 12:32
LMAO
By:
evski
When: 30 Jan 10 12:40
if you bought something for £2922.5 you have paid £375.69 VAT, not £511.44 that is the amount you would add if the item is to be sold and you want to add VAT to it.
By:
sidthekid
When: 30 Jan 10 12:42
To clarify, it is something i have Sold
By:
age 21
When: 30 Jan 10 12:42
he didnt ask that
By:
age 21
When: 30 Jan 10 12:42
you must be pretty bright tho if you cant work it out
By:
sidthekid
When: 30 Jan 10 12:44
Warren Buffet does Not do Maths!!!!!
By:
evski
When: 30 Jan 10 12:46
if you have sold it then the VAT payable is the £375 then. Do not give the taxman $454 or whatever it was.

Work it out like this:

(sale price including VAT / 117.5 ) x 100 = price without VAT.
By:
ONION
When: 30 Jan 10 13:50
divide by 117.5 then multiply by 17.5 to find the vat portion
By:
Fenway
When: 30 Jan 10 14:15
Or multiply by 7 and divide by 47
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