Good people can you please help me on how to calculate exclusive Vat and inclusive Vat and price before Vat. Any answer accepted

http://www.hmrc.gov.uk/vat/forms-rates/rates/calculating.htm

Of course! I'll explain how to calculate exclusive VAT, inclusive VAT, and the price before VAT.

1. Exclusive VAT:
To calculate the price with exclusive VAT, you need to know the VAT rate and the price before VAT.

Formula: Exclusive VAT = Price before VAT * (VAT rate / 100)

Example: Let's say the price before VAT is $100 and the VAT rate is 20%.
Exclusive VAT = $100 * (20/100) = $20

So, the exclusive VAT for this example is $20.

To calculate the price with exclusive VAT, you simply add the exclusive VAT to the price before VAT.

Formula: Price with exclusive VAT = Price before VAT + Exclusive VAT

Example: Price before VAT = $100, Exclusive VAT = $20
Price with exclusive VAT = $100 + $20 = $120

So, the price with exclusive VAT for this example is $120.

2. Inclusive VAT:
To calculate the price with inclusive VAT, you again need to know the VAT rate and the price before VAT.

Formula: Inclusive VAT = Price before VAT * (VAT rate / (100 + VAT rate))

Example: Let's say the price before VAT is $100 and the VAT rate is 20%.
Inclusive VAT = $100 * (20/(100 + 20)) = $16.67 (rounded to two decimal places)

So, the inclusive VAT for this example is approximately $16.67.

To calculate the price before VAT, subtract the inclusive VAT from the price with inclusive VAT.

Formula: Price before VAT = Price with inclusive VAT - Inclusive VAT

Example: Price with inclusive VAT = $100, Inclusive VAT = $16.67
Price before VAT = $100 - $16.67 = $83.33 (rounded to two decimal places)

So, the price before VAT for this example is approximately $83.33.

These formulas should help you calculate exclusive VAT, inclusive VAT, and the price before VAT in various scenarios. Feel free to plug in different values to suit your specific calculations.