Method 1 - Use Divide Formula to Remove VAT in Excel Select a cell. I have selected cell (E5). Enter the following formula: =D5/(1+$G$5) ...
Method 1 - Calculate the Included VAT of 20% from the Gross Amount STEPS: Select the cell where you want to put the formula to calculate VAT ...
What Is 15% VAT? VAT is the acronym for Value-Added Tax. It is one type of indirect tax levied on products and services at every point of the supply ...
Advanced Excel Exercises with Solutions PDF