G
GbH
Guest
In news:5729f6c04d%[email protected],
beamendsltd <[email protected]> blithered:
> In message <[email protected]>
> "GbH" <[email protected]> wrote:
>
>> In news:[email protected],
>> Tim Hobbs <[email protected]> blithered:
>>>>> 750 (3/4) is good for ballpark conversions, as dividing by 3 and
>>>>> multiplying by 4 (or tother way about) is not hard to do as mental
>>>>> arithmetic.
>>>>
>>>> Multiply by 7 and divide by 4 gets you the VAT!
>>>
>>> You need a new accountant...
>>
>> No really OK 10x but what's a decimal point twixt one and ones tax
>> assessor?
>>
>
> Divide the gross figure by 1.175 will get you the VAT content.
>
> Richard
The plan was for to do it in yer head!!!
My 7 times table and 4 & 2 times tables is a tad better than my 1.175 times table.
I can manage to calculate the VAT due without recourse to a calculator or
computer, although I will occasionally use a bit of pencil and paper when the
numbers get long.
Looking at your seuggestion there Richard and I beg to differ, with that you get
the VAT free amount, not the VAT, If I'm doing that sum in my head I subtract 15%
which I can usually figure without recourse to mechanical addidtance. That is not
exact but you'll be hard pushed to find the error.
--
"He who says it cannot be done should not interrupt her doing it."
If at first you don't succeed,
maybe skydiving's not for you!
beamendsltd <[email protected]> blithered:
> In message <[email protected]>
> "GbH" <[email protected]> wrote:
>
>> In news:[email protected],
>> Tim Hobbs <[email protected]> blithered:
>>>>> 750 (3/4) is good for ballpark conversions, as dividing by 3 and
>>>>> multiplying by 4 (or tother way about) is not hard to do as mental
>>>>> arithmetic.
>>>>
>>>> Multiply by 7 and divide by 4 gets you the VAT!
>>>
>>> You need a new accountant...
>>
>> No really OK 10x but what's a decimal point twixt one and ones tax
>> assessor?
>>
>
> Divide the gross figure by 1.175 will get you the VAT content.
>
> Richard
The plan was for to do it in yer head!!!
My 7 times table and 4 & 2 times tables is a tad better than my 1.175 times table.
I can manage to calculate the VAT due without recourse to a calculator or
computer, although I will occasionally use a bit of pencil and paper when the
numbers get long.
Looking at your seuggestion there Richard and I beg to differ, with that you get
the VAT free amount, not the VAT, If I'm doing that sum in my head I subtract 15%
which I can usually figure without recourse to mechanical addidtance. That is not
exact but you'll be hard pushed to find the error.
--
"He who says it cannot be done should not interrupt her doing it."
If at first you don't succeed,
maybe skydiving's not for you!