Remove BTW from a price with BTW included
- Price excl. BTW:
- R 0,00
- BTW 16%
- R 0,00
- Total incl. BTW:
- R 0,00
How to remove BTW from a price with BTW included?
This guide explains how to remove BTW from a final price and how to check the result using the calculator.
How to find out the price without BTW of a product
The opposite situation may also arise, where you want to remove BTW from a price. This happens when the price tag gives one, but with the comment that BTW is included. Knowing the net price of the product could be a perfectly valid question to have.
Formula to remove BTW from a final price
This can be answered by applying the formula:
X
=
Price with BTW
1,16
=
Result price without BTW
Example to remove BTW at 16%
In this case, the R 858,4 of the total product price would be divided by 1,16. Giving the following result:
X
=
R 858,4
1,16
=
R 740
Summary of operations for BTW at 16%
In summary, if you have an BTW of 16%, these are the operations to perform:
- R 740 × 0,16 = R 118,4 (To calculate BTW on prices that do not have it)
- R 740 × 1,16 = R 858,4 (To calculate the total price with BTW included)
- R 858,4 ÷ 1,16 = R 740 (To calculate the price without BTW)