..... £5.00 plus vat?

Question

what is £5.00 plus vat?

thanks

Answer 1

£5 + with vat @17.5% it would be £5.87

Answer 2

It depends which country the VAT is applied to and which rate of VAT it is.

The standard rate in the UK is 17.5% giving you a VAT value of 87.5p.

Different rates apply for different things (children's clothes for example) and for different countries.

Have a look here.

http://www.direct.gov.uk/en/MoneyTaxAndB...

Answer 3

At Zero rate £5

At 5% rate £5.25

At standard rate £5.87

Answer 4

On a calculator

5.00 multiplied by 17.5%

that gives you the VAT amount of 0.875

then press plus

that adds them together 5.875

Answer 5

it's 5.88  

Answer 6

To do it without a calculater, remember that 17.5 is 10 + 5 + 2.5.

10% of £5 is easy - 50p

5% of it is half that - 25p

2.5% is half that - 12.5p (round up to 13p)

Then add them: 50 + 25 + 13 = 88p

So £5 plus the VAT is £5.88

Answer 7

r u serious?

Well if you are...

type in ur calculater:

5.00 + 17.5% (which is the vat amount) ...then hit the = button

5.87 (or 5.88 if u are rounding up)

Answer 8

£5.00 + VAT (value added tax)

vat is 17.5 % of the net price.

(rip off)

Answer 9

£5.87.

I can only assume you don't know what the VAT rate is as it's a simple calculation, even did it in my head.

The UK VAT rate is 17.5%.