A very useful tool for builders, painters and decorators, tilers, landscapers and other trades. You can calculate how many bricks, blocks, sand, cement, tiles, paint,flooring,decking, floor boards, concrete and other materials you need for your building or refurbishment project. You can measure the area, length,volume, weight for any materials you might need to know before you buy. Then you can easily calculate how much the building materials will cost for you project. Don’t forget to add the V.A.T, as most building merchants don’t display the price with the V.A.T included.
The VAT can be calculated using a simple formula.
| Item | Amount |
|---|---|
| Price excluding VAT | £100 |
| VAT rate 20% | |
| VAT (20% x £100) | £20 |
| Price including VAT | £120 |
For a rate of 20 per cent, you can also work out the VAT-inclusive figure by multiplying by 1.2.
If you have the price EX Vat then you multiply by the VAT rate and divide by 100.
e.g. if the VAT rate is 17.5% then the VAT on £200 would be:
£200 *17.5 / 100 = £35.00