Download VAT Calc apk 1.0.9 free for Android smartphone
Apk file size: 1.5 MB
Simple and easy to use VAT / Sales Tax calculator.
How to calculate VAT
•Excluding VAT from gross amount:
VAT calculation formula is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including cents). Last two operations are not arbitrary since you see the value even before you do them.
•Adding VAT to net amount:
Easy deal. Simply multiply the net amount by 1 + VAT percentage (i.e. multiply by 1.15 if VAT is 15%) and you'll get the gross amount. Or multiply by VAT percentage to get the VAT amount. Rembember to round to cents.
• Android 6 Marshmallow
Giuseppe Romano part of our Finance and have average installs from 10000 to 50000. Last Update Jan. 4, 2016. Google play rating is 85.5663. Current verison is 1.0.9. Actual size 1.5 MB.