VAT Split 20%

Guide to calculating VAT when only the gross figure is known A common error, when given a gross (VAT inclusive) value, is to calculate the VAT as 20% of this figure. This is incorrect!!! The VAT is calculated on the net value (the figure before VAT) and is a much lower amount than the result you get…

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Anthony Littlejohns AAT

My AAT journey

I have enjoyed the first year on my AAT journey. Hopefully, I will complete my Foundation Level 2 Course in April/May and look to move on to my Advanced Level 3. I am a distance learner, which has its advantages, as I can manage my studies in with my work, family and sports coaching commitments.…

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