craftsmanx
LE
If you take the "with tax price0 divide by 119 and multiply by 100 you will arrive at the tax free price.
Example £123
divuided by 119 =1.0336
Muly by 100 = £103.36
But an item with a tax free price of £100 is 100x1.19 = £119
The £100 (inl tax) works out at 100/119x100=£84.03
Basic third class maths.
Example £123
divuided by 119 =1.0336
Muly by 100 = £103.36
But an item with a tax free price of £100 is 100x1.19 = £119
The £100 (inl tax) works out at 100/119x100=£84.03
Basic third class maths.