VAT Inclusive & VAT Exclusive | Calculation Examples

In this lesson, we explain what VAT is, and explain VAT inclusive and VAT exclusive amounts. We go through VAT calculation examples where we calculate VAT inclusive, VAT, and VAT exclusive using a formula.

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[Cindy_africangoddess]

I'm writing my maths literacy paper 1 final exam tomorrow and I must say, I was still confused until I watched this, it was very helpful indeed, thank you so much

[petruspetrus]

Never thought I could learn accounting so quickly and understand it because I was based in a science stream for passed 6 years. Thank you so much

[yolisamrso]

You have grace to explain things clearly and accurately

[SamkeloMbomvu]

Thank you I've been trying to understand this VAT calculation alone and failed but now am very well developed

[Mosseykiid]

After 8 months and 29 days of trying to learn VAT inclusive and exclusive.i can finally ace this.thank you!

[piwwiey_berries]

The best summary for the calculation of VAT inclusive and VAT exclusive 👏👏👏

[Jadss]

You make accounting so easy!! Thank you so much 😁

[Siya_MJ]

I know VAT but I always confuse the inclusive and exclusive formulas, but your formula is so much easy... Thanks

[augustinadawodu]

Thank you so much for this detailed and simple tutorial. You made VAT Calculations easier for me. I often get confused but no more.

[torahmoc]

U make Accounting so much easy to understand..

[barimakwameawonu-dankwa]

Thank you. It's very understandable

[madhavdesai]

Thanks a lot, your video helped me to fix formula in my code for different Invoice calculations was very confusing until I see your video, very well explained & presented for any type of calculation required for VAT related calculations 👍

[yolandandabeni]

Thank you 🙏🏾…this channel has helped me through my N4 Financial Accounting. Am super grateful for your help.

[feefeemofokeng]

I've never done accounting in my life yet, you maketh it sound like A, B, C. :-) Thank you, thank you, Thank you.

[silindileconstance]

VER HELPFUL I WAS CONFUSED BUT NOW I NAILED IT

[SamkelisiweMqadi]

Thank you so much for your help tomorrow I'm writing my p1 it helps

[zamahkhoza]

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[laurenindha]

BUTTTT YEAH YOUR VIDOES REALLY REALLY HELPED ME SO THANK YOUUU💯💜

[breed]

You always and effortlessly add more clarity

[abigailharicombe]

Brilliant!!! Thank you so much for that perfect explanation.