Peppol deadline: 01-01-2026
00

Avoid fines

Peppol deadline: 01-01-2026
00

Avoid fines

Community

Splitting purchases into vAT

JVC
16/10/2024
Question

I have a receipt with two purchases, one of which I want to submit as a business expense. Now I wanted to calculate the vAT on that one amount, but then the total amount doesn’t match. The total amount is £19.49. Minus £2.50 (private purchases) = £13.99. The receipt states 21% vAT from 16.11. How should I calculate this…? ChatGPT gives me a good explanation…. 🙂

Is everything to 21% vAT? And is that £2.50 excl. VAT? Then you deduct this from the amount excl. VAT (16.11). That leaves you with 13.61 excl. VAT. Then you add 21% vAT, which brings you to 16.46 incl. VAT.

I wonder how ChatGPT would have solved this XD

Okay. Thank you for your answer. I need to look back at how it worked again. (It's been a while, you see.)

Ask a question
Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Consignment
How do I send a copy from an invoice?
‘Payable to suppliers’ button
vAT sales invoice for holiday home
Home battery for professional use
Entering the purchases of clothing to wear during performances
Reporting income and/or goods abroad
What about purchases for use in your own home?
Fuel card

Helaas! Onze community is momenteel enkel toegankelijk voor mensen die een proefperiode op Dexxter starten