Reverse VAT Free

When someone buys products or pays for a service, the invoice generated from businesss shows a net price and a gross price. The gross price is the one that the customers ultimately have to pay to the business owner, while the net price is actual amount charged for the goods or services. But the difference comes between Net amount and gross amount is called VAT. Value added Tax (VAT) is a tax charged by UK government for the transaction done. If you dont find net amount, you can use VAT calculator to determine actual cost (Net price) of the product by entering the gross price.

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When someone buys products or pays for a service, the invoice generated from businesss shows a net price and a gross price. The gross price is the one that the customers ultimately have to pay to the business owner, while the net price is actual amount charged for the goods or services. But the difference comes between Net amount and gross amount is called VAT. Value added Tax (VAT) is a tax charged by UK government for the transaction done. If you dont find net amount, you can use VAT calculator to determine actual cost (Net price) of the product by entering the gross price.

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