VAT & Corporation Tax Calculator
I have a few savings accounts for my business. One for VAT, and another for corporation tax. Though the math is simple, I wanted a quick tool remove margin for error.
VAT is taken from the whjole payment amount, and corporation tax is taken from the remaining amount. So given an invoice of £ + VAT, £ is VAT, and £ is corporation tax.
Created December 28th 2018
Disclaimer: This does not constitute financial advice.
Always consult a qualified accountant and tax advisor.