Meaning of net of vat

1 answer

Answer

1226448

2026-07-22 17:35

+ Follow

Net means after deductions, VAT is a form of tax, 17.5% in the UK. Net VAT should therefore mean before the VAT is added, as NET is the smaller amount, Gross is the larger.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.