Adding VAT to £600 would result in a total figure of £600 plus 20%, which is the standard UK VAT rate.
The total amount is £720 when £600 is added to 20% VAT.
How was the calculation done?
The following calculation is used to achieve the figure above.
- Let’s start with a figure of £600
- The result of dividing £600 by 100 is £6
- A figure of £720 is obtained by multiplying the £5 by 100, adding 20% VAT, and then adding the £5.
We have a VAT calculator tool that lets you manually enter numbers and VAT rates on our homepage by clicking here. If you require a different calculation, please visit our homepage.
