Quick Reference SheetFinance & Business
VAT Quick Reference Guide
A printable VAT formula sheet for adding and removing tax with an editable rate, designed to stay useful as a general maths reference instead of a fixed policy statement.
Filename: vat-quick-reference-guide.pdfFile size: 2 KB
Formula highlights
Add VAT
gross = net x (1 + rate)
Remove VAT
net = gross / (1 + rate)
What is inside
- VAT-inclusive and VAT-exclusive formulas with editable-rate logic.
- A reminder of why removing VAT is not the same as subtracting the headline rate from the gross amount.
- Clear definitions for net, gross, and VAT amount.
Best use
Useful for invoices, quotations, study, and any task where you need a clean tax-inclusive or tax-exclusive check.
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