Business - VAT
What is the price including 20% VAT on €500?
Answer
€600.00
incl. 20% VAT
€500 × (1 + 20/100) = €600.00
How we got there
- 01Net price (excluding VAT): €500.00
- 02VAT amount (20%): €100.00
- 03Gross price (including VAT): €600.00
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