how much is vat?

[vase]

Can someone tell me how many percent is the english VAT these days? I'm about to buy a tig welding machine and the price is without VAT so I need to know that in order to calculate how much it will cost me.

 

Thanks guys!

[Hobgoblin]

17.5%

[Martin J]

17.5%

[j80leo]

It's 17.5% Amount x 0.175 gives you the amount of tax then just add that to the original amount:)

[vase]

Thanks. So it's a bit less than the 22% we have in Finland. Nice.

[Kirk]

22%

 

And i thought we had it bad

[j80leo]

22%

 

And i thought we had it bad

 

I was thinking the same.

[heartworm]

22%

 

And i thought we had it bad

 

Surprisingly, we are one of the lowest rates of VAT in Europe ,Spain, luxemburg and cyprus being the only countries less.

[Graham S]

17.5%

 

Surprisingly, we are one of the lowest rates of VAT in Europe ,Spain, luxemburg and cyprus being the only countries less.

 

It just seems to be the before tax thing that makes our prices so high then!

 

To be fair its mostly fuel that we are raped on most here!

[Dnk]

22%

 

And i thought we had it bad

 

 

We've got Gordon Brown and Allister Darling, how could it be any worse ?

[Scott]

It's 17.5% Amount x 0.175 gives you the amount of tax then just add that to the original amount:)

 

Or just multiply the original amount by 1.175 and miss out the 2nd calculation altogether

[The Raven]

I love VAT mine comes in at 17.5 and goes out at 5% thus i save 12.5% on everything i buy