net of VAT

USAGE SUMMARY

The phrase "net of VAT" is correct and usable in written English.
It is typically used in financial contexts to indicate a price or amount that excludes Value Added Tax (VAT). Example: "The total cost of the service is $100 net of VAT, meaning the tax will be added separately."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

The Act applies to companies with a net worth of (Indian Rupee) INR five billion or more, or a turnover of INR ten billion or more, or a net profit of INR 50 million or more.

International Journal of Corporate Social Responsibility

Hence, a net profit of US $229 per month (US $0.101 per kg waste) is generated.

International Journal of Recycling of Organic Waste in Agriculture

G.E. said the overall price for the deal was $215 million, net of SBS Technologies' cash on hand.

The New York Times

Acquisition of Capital Assets, Net of Government Assistance.

Science Magazine

The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun's cash and debt.

TechCrunch

*Gross profit impact consists of increased revenue net of Microsoft's share of Yahoo!'s search revenue.

Forbes

It could be inferred that Q net of TBA in PEC degradation is much smaller than the corresponding theoretical value.

Nano-Micro Letters

Microsemi Corporation announced that it has entered into a definitive agreement to acquire White Electronic Designs Corporation through a cash tender offer at $7.00 per share for a net transaction value of approximately $100 million, net of White Electronic's projected cash balance at closing.

Forbes

What Celeste Stanley, Lilly's communications manager, told me by email discouraged me from buying phony Cialis, because it exists outside the "safety net" of Eli Lilly's quality standards.

Vice

What Celeste Stanley, Lilly's Communications Manager told me by email, discouraged me from buying phony Cialis, because it exists outside the "safety net" of Eli Lilly's quality standards.

Vice

As far back as early 2010, the group was hosting events in a mall office that drew county clerks, state legislators, members of Congress and a wide net of Tea Party and Patriot groups across the state.

Huffington Post

Expert writing Tips

Best practice

When stating prices for international audiences, always clarify whether the price is "net of VAT" as VAT rates vary significantly between countries. This avoids confusion and ensures transparency.

Common error

Avoid using "net of VAT" interchangeably with "gross of VAT". "Net of VAT" means the price excludes VAT, whereas "gross of VAT" means the price includes VAT. Using the wrong term can lead to significant financial miscalculations.

Linguistic Context

The phrase "net of VAT" functions as a modifier, specifying that a particular amount or price is presented without the inclusion of Value Added Tax (VAT). Ludwig AI confirms that the phrase is correct and usable in written English, typically appearing in financial contexts.

Expression frequency: Rare

Frequent in

Formal & Business

33%

News & Media

33%

Science

33%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "net of VAT" is a grammatically correct and professionally appropriate term used to indicate that a price or amount excludes Value Added Tax (VAT). As Ludwig AI highlights, it is most commonly found in business and financial contexts to ensure clarity and avoid confusion about pricing. Alternatives include "excluding VAT" and "VAT exclusive". When using this phrase, be careful not to confuse it with "gross of VAT", which means the price includes VAT.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

excluding VAT

This alternative directly states that VAT is not included, maintaining a high degree of semantic similarity.

VAT exclusive

This is a standard term indicating that the price does not include VAT, similar in meaning and usage.

before VAT

This phrase clarifies that VAT will be added to the stated price, expressing a similar concept.

without VAT

Similar to "excluding VAT", this alternative explicitly indicates the absence of VAT in the given price.

price before VAT

This alternative specifies that the given price is the amount before VAT is calculated and added.

exclusive of VAT

A more formal way of saying "excluding VAT", maintaining the same meaning.

VAT not included

This is a straightforward statement that VAT is not part of the price.

less VAT

This phrase is a shorter way to express the subtraction of VAT from a total amount.

net price, excluding VAT

This alternative combines "net price" to clarify the price before tax, while explicitly excluding VAT.

excluding sales tax

While not specific to VAT, this alternative broadens the scope to all sales taxes.

FAQs

What does "net of VAT" mean in accounting?

In accounting, "net of VAT" signifies an amount or price from which Value Added Tax (VAT) has been subtracted or is not included. It represents the base amount before the addition of VAT.

How do I calculate the final price including VAT if I know the price "net of VAT"?

To calculate the final price including VAT, multiply the price "net of VAT" by (1 + VAT rate). For example, if the price is $100 "net of VAT" and the VAT rate is 20%, the final price is $100 * 1.20 = $120.

What are some alternatives to "net of VAT"?

You can use alternatives like "excluding VAT", "VAT exclusive", or "before VAT" to convey the same meaning.

Is "net of VAT" the same as "excluding VAT"?

Yes, "net of VAT" is generally considered the same as "excluding VAT". Both phrases indicate that the amount being referred to does not include Value Added Tax.