Difference between revisions of "Validating samples: Special cases"
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| − | == | + | ==Financial discount or discount for cash== |
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| − | + | When a financial discount or a discount for cash is available, the calculations will be as follows: | |
| − | + | * '''Net amount''': €100 | |
| + | * '''VAT percentage''': 21% | ||
| − | + | In a normal situation, the ''VAT amount'' would be €21.<br/> | |
| − | + | In case of a discount situation, the ''VAT amount'' will be €20,58.<br/> | |
| − | + | <br/> | |
| − | + | '''How is this calculated?'''<br/> | |
| − | + | With a discount percentage of 2%, the taxable amount is €98 (because €100 - 2% = €98).<br/> | |
| − | + | The ''VAT amount'' is based on the taxable amount, so 21% of €98 = €20,58.<br/> | |
| − | + | The ''Total amount'' will thereby result in €120,58. | |
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Revision as of 17:40, 18 October 2016
Financial discount or discount for cash
When a financial discount or a discount for cash is available, the calculations will be as follows:
- Net amount: €100
- VAT percentage: 21%
In a normal situation, the VAT amount would be €21.
In case of a discount situation, the VAT amount will be €20,58.
How is this calculated?
With a discount percentage of 2%, the taxable amount is €98 (because €100 - 2% = €98).
The VAT amount is based on the taxable amount, so 21% of €98 = €20,58.
The Total amount will thereby result in €120,58.
