# 1060 Plus VAT

Here we will answer your query to 1060 plus VAT, break down the calculations in a table and give you the formula for adding VAT to the price of 1060.
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## What Is 1060 Plus VAT?

The answer to 1060 plus VAT is 1303.8 .

## What is 1060 plus VAT?

1060 plus VAT is calculated below;
1303.8

## Breakdown of The Calculation

Price Rate Gross Price VAT Amount
1060 23% 1303.8 243.8

## Formula For Calculating 1060 Plus VAT

If you are adding Value Added Tax; then you need to multiply the price by (100 + VAT percentage). This is the price, including VAT (Gross value)

The formula for adding VAT To A Price;

T = P x (100 + VAT percentage)

Formula explained in this case;

1. T = 1303.8
2. P = 1060
3. VAT percentage = 23%

The calculation;

T (1303.8) = 1060 x (100 + .23)

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