tinyjo: (webdesigner - chez geek)
Emptied of expectation. Relax. ([personal profile] tinyjo) wrote2002-12-18 11:18 am

Net or gross

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.

[identity profile] tinyjo.livejournal.com 2002-12-18 03:36 am (UTC)(link)
It's a perspective confusion as well, because I'm looking at it from the point of view of someone buying a service. I would have thought that the gross price would be the price before VAT and the net price the price after VAT (even though that's more), but the guy at the client end seems to think it's the other way around.

[identity profile] swisstone.livejournal.com 2002-12-18 03:48 am (UTC)(link)
I think the net cost to the customer probably is after VAT is paid, because it's what he'll end up paying. I don't think you'd describe the cost before additives as gross - that would be "basic" cost, I think. But as you say, it's a grey area (I had a feeling this is what you were talking about).