Mark-up, Profit Margin & VAT Calculations

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About Course

Learn the difference between mark-up and profit margin, how to set a selling price to hit a target margin, and how to add VAT to a price or take it out of a VAT-inclusive price. Practical percentage maths for retail, hospitality, trades and small businesses, with worked examples.

Tutwoo is an independent learning provider. This course teaches calculation skills and is not tax or financial advice; check HMRC guidance or an adviser for your own business.

What Will You Learn?

  • Calculate mark-up and profit margin and explain the difference
  • Set a selling price to reach a target margin
  • Add 20% VAT and remove VAT from an inclusive price
  • Avoid common percentage mistakes in pricing

Course Content

Course Lessons

  • Profit, mark-up and margin
  • Setting prices
  • Adding and removing VAT
  • Putting it together

Sources & Further Reading
The official guidance this course is based on.

Final Assessment

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