# 112 Plus VAT

Here we will answer your query to 112 plus VAT, break down the calculations in a table and give you the formula for adding VAT to the price of 112.
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## What Is 112 Plus VAT?

The answer to 112 plus VAT is 137.76 .

## What is 112 plus VAT?

112 plus VAT is calculated below;
137.76

## Breakdown of The Calculation

Price Rate Gross Price VAT Amount
112 23% 137.76 25.76

## Formula For Calculating 112 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 = 137.76
2. P = 112
3. VAT percentage = 23%

The calculation;

T (137.76) = 112 x (100 + .23)

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