WebJun 18, 2024 · 2 Answers. You never return anything, add a return statement at the end of your function: item_price1 = int (input ("Enter the item price: R ")) def vat_calc (price): if price<100: vat_amount=price*0.15 elif price>101 and price<249: vat_amount=price*0.10 else: vat_amount=price*0.075 return vat_amount print ("VAT amount: R", vat_calc … WebOther shops and services do not include VAT in their price. You have to calculate the VAT and then add it on to get the final price you have to pay. The current rate of VAT is \(20\%\).
Percentage Calculator to calculate percentages, VAT, discounts
WebUse the VAT Calculator Canada to work out how much VAT to pay/deduct on the price. VAT Calculator CA calculator will help you quickly calculate the VAT in 2024. ... WebUse the VAT Calculator Canada to work out how much VAT to pay/deduct on the price. VAT Calculator CA calculator will help you quickly calculate the VAT in 2024. ... Canada VAT Calculator is an online tool that can help calculate VAT in CA. Fill in the price with/without VAT ($), VAT rate (%), and the Canada VAT Calculator will do the rest ... top 5k peaks phastcon conservation profiles
VAT and Reverse VAT Calculator • Common Calculators • Online …
WebThe VAT rate for the UK currently stands at 20 per cent, this was changed from 17.5 per cent on the 4th of January 2011. The standard rate of VAT was temporarily reduced to … WebSep 28, 2024 · Here now again the formula to calculate VAT from gross or how to calculate the included VAT, calculate prices without VAT, calculate 20% VAT and calculate 5%. Calculate included VAT of 20%: Gross price / 1.20 * 0.20 = VAT included. Calculate included VAT of 5%: Gross price / 1.05 * 0.05 = VAT included. Calculate … WebNov 9, 2024 · Calculate price with 19% VAT: Net price * 1.19 = Gross price (without VAT) Calculate price with 7% VAT: Net price * 1.07 = Gross price (without VAT) VAT – easy explained. The value added tax … pick n pay clothing flip flops