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Sales tax

Add a percent, or pull the tax back out of a total.

Rates are not looked up. You type the percent that applies.

Add a tax percent to a price, or pull the tax back out of a total that already includes it. The rate is not looked up. You type the percent that applies where you are.

  1. 1Enter the amount and rate.
  2. 2Choose add tax or extract tax.
  3. 3Read net, tax, and total.
Tax
8.5
Total
108.5

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Questions

What is reverse tax?
The amount already includes tax. Net is amount divided by 1 plus the rate.
Can I stack two rates?
Add them yourself and type the combined percent.
Is this VAT advice?
No. It is the percent math only.

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