Question

This following code for get back to vat value from percentage value and amount value using java script but its not accuracy.

var vat=((25*100)/447);
vat=vat.toFixed(1);

Answer 1

OK, to help, you need to specify the details you are working with. What is the VAT rate? Are you working from the gross value (includes the VAT), or the nett value (excludes the VAT).

var nVatRate = 0.2;// This is the rate of VAT in the UK at present, 20%

function VatAmountFromGross(nGrossAmount){
    return nGrossAmount / (1 + (1 / nVatRate));
}

function VatAmountFromNet(nNetAmount){
    return nNetAmount * (1 + nVatRate);
}

So, change the VAT rate to match yours, which I am guessing is 25% (0.25).

Using “toFixed(1)” will ensure the value is fixed to 1 decimal place – usually you need two decimal places for VAT. You will also have rounding issues if you are summing values, and these cannot be helped.