The amount of a shirt is 79.99 inclusive 14% work out the VAT exclusive price?
To work out the VAT exclusive price, we need to divide the inclusive price by 1.14 (since 14% VAT is included in the price):
VAT exclusive price = 79.99 ÷ 1.14
VAT exclusive price = 70.16
Therefore, the VAT exclusive price of the shirt is £70.16.