Quote:
Originally Posted by JSWolf
Everything has a price and VAT is added to that. That is how it works.
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No it isn't.
You have been told this many times, by different people, but you keep ignoring it.
You are walking into a native French speaker's house and telling them their pronunciation is wrong, even though you can't speak French.
From the very government page you quoted:
Quote:
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To work out a price excluding the standard rate of VAT (20%) divide the price including VAT by 1.2.
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You start with the price,
which includes VAT, and then work out the ex-VAT price by removing the VAT element. Not vice versa.
Quote:
When you have an item that has VAT ad the VAT has been removed, the price is lowered. Because the price is not lowered, that means that VAT-exclusive price has been raised to be the same as it would have been VAT-inclusive.
How can you not see this is how it is?
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Yes, the ex-VAT price has been raised. This is true because the ex-VAT price is derived from the actual price.
The
actual price has not been raised.
£3.99 == £3.99