Thursday, March 11, 2010 17:07

How To Calculate Vat Using Excel

Posted by Dave on Saturday, February 28, 2009, 5:19
This item was posted in How To and has 1 Comment so far.

You can calculate 17.5% vat in Microsoft Excel by using this formula.

Number  x7 /47

You multiply the number by 7 and divide by 47 to get the vat amount.

You can also calculate the new UK 15% vat rate in Microsoft Excel by using this formula.

Number x3/23

You multiply the number by 3 and divide by 23 to get the vat amount.

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1 Comment

  1. Chris
    16 September, 2009, 15:35

    Thank you so much!

    Gotta love simple solutions that work :-D

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