VAT calculator
Works out the net price from a VAT-inclusive price, and the gross price from a net one. By dividing, not by knocking off a percentage.
Result
How is it calculated?
Excl. → incl.: amount × (1 + VAT rate). Incl. → excl.: amount ÷ (1 + VAT rate).
Taking 20% off a VAT-inclusive price gives the wrong result: the VAT on 1,200 TL is 200 TL, not 240.
