What is VAT?

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IPete2
 #1
Handy tip...

You can work out the VAT on anything in your head.

17.5% =

10% + half of that + half of that

So... for £30 vat would be

30/10=3
3/2 = 1.5
1.5/2 = .75

total = 5.25

easy see?

IPete2.