This is really bugging me at the moment, because I'm working on finance interfaces and everyone seems to have a different answer. As far as I can tell on the net, I'm right, but I thought I'd see what you lot think.
[Poll #84843]
In this case, the specific tax in question is VAT.
Update: looking through some computer mags in the kitchen while making tea shows that actually, it's so unclear that no-one uses it for VAT - they all say inc VAT or exc VAT.
[Poll #84843]
In this case, the specific tax in question is VAT.
Update: looking through some computer mags in the kitchen while making tea shows that actually, it's so unclear that no-one uses it for VAT - they all say inc VAT or exc VAT.
Confused
Date: December 18th, 2002 03:25 am (UTC)From:I always think that net as a term goes with gross. So I always tend to view it as the lower of the two.
dictionary.com (eventually) came up with:
Remaining after all deductions have been made, as for expenses: net profit.
Re: Confused
Date: December 18th, 2002 03:33 am (UTC)From:no subject
Date: December 18th, 2002 03:31 am (UTC)From:no subject
Date: December 18th, 2002 03:36 am (UTC)From:no subject
Date: December 18th, 2002 03:48 am (UTC)From: