Business - VAT
What is the price including 24% VAT on €1000?
Answer
€1,240.00
incl. 24% VAT
€1000 × (1 + 24/100) = €1,240.00
How we got there
- 01Net price (excluding VAT): €1,000.00
- 02VAT amount (24%): €240.00
- 03Gross price (including VAT): €1,240.00
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