Is Profit and Loss VAT inclusive?
No. If you are calculating the profit in your business, use VAT exclusive figures in your calculations.
No. If you are calculating the profit in your business, use VAT exclusive figures in your calculations.
Damion Viney has been supporting business owners to make a success of their ventures since 2011 when he set up Co-. Blogs cover all aspects of business development. He is co-author of Improving the Numbers.