Hi...having trouble with a calculation regarding the new VAT (value added tax) rules in the UK, and need your help!!!
I have a file (sample attached) that the user inputs the total price of the product into column G. I then need to work out what the corresponding price is excluding VAT, and how much the VAT equals for each product. This is very easy IF the VAT stays the same, but because of our wonderful government, the VAT level has changed quite a few time over the number of years I've been using this spreadsheet, and will probably change many times in the future!!
So I'm trying to find a way of automatically changing the equation for these values (Column H), which at the moment references the various values in d2 to d4 (but may need more options in the future (e.g. more VAT levels), and so is wrong every time the VAT level changes.
At the moment if / when the VAT changes I have to manually change all the unused entries in column H, and this isn't great as I have thousands of entries in this spreadsheet.
I can't suss out how I can automate this, and so hope you chaps can help!!!
Many Thanks for looking!
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