At 13.20, an invoice for self storage includes VAT at 15%. VAT rose to 20% on January 4th 2011. The invoice is dated March 3rd 2022.
The calculation is also incorrect.
The net amount is £552. The VAT is £112.
20% of £552 is £110.40. 15% of £552 is £82.80. £112 is 20 29% of £552.
20% of £552 is £110.40. 15% of £552 is £82.80. £112 is 20 29% of £552.