Calculating VAT with IF

Hello,

I’m trying to figure out a way to calculate my “Price without Tax”.
I wrote something like this but it’s not working.

IF({VAT}=20, {Price with tax}/1.2), IF({VAT}=5.5, {Price with tax}/1.055))

VAT is a Percent

As you can probably see i’m a true beginner.
Any help would be appreciated.
Thx

Try

IF(AND({VAT},{Price with tax}), {Price with tax}/(1+{VAT}),0)

This formula is saying that if “VAT” and “Price with tax” have values, then calculate the price before VAT. Otherwise return 0. You can change 0 to be whatever you’d like.

1 Like

Thanks @augmented for your help.

My concern is that i can have 2 different VAT values (20% and 5,5%)
I just want my “Price without Tax” to be calculated according to the right one.

Thanks.

Hey, you’re welcome. I try to answer at least one question here every day.

Did you try my formula? I will work if you have any number of VAT values.

It did actually, i just don’t get that language yet.
Thanks a lot.

Just look up the function definitions and it will make sense. Good luck.

This topic was solved and automatically closed 15 days after the last reply. New replies are no longer allowed.