Vat Calculations

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Across
  1. 2. The VAT rate that applies to most goods and services in the UK.
  2. 4. A VAT rate that applies to bread, milk, Books, Children’s clothing, Public transport
  3. 6. Another word for VAT Inclusive.
  4. 9. Prices that include VAT.
  5. 10. A lower VAT rate that applies to Domestic gas and electricity.
  6. 11. The Vat fraction at 5%, when the price is Vat inclusive
  7. 12. A Vat classification that applies to Salaries, fines, TV licences, Insurance Compensation
Down
  1. 1. The Net fraction at 5%, when the price is Vat inclusive
  2. 3. The amount before VAT is added.
  3. 5. The Vat fraction at 20%, when the price is Vat inclusive
  4. 7. Prices that do not include VAT.
  5. 8. A Vat classification that applies to Health, Insurance, financial, & Royal Mail services
  6. 10. The Net fraction at 20%, when the price is Vat inclusive