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Thread: Nett and ++?
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Old Apr 27, 2023 | 6:23 am
  #3  
lsquare
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Originally Posted by hdogan
++ - stated price not including GST (VAT) and Service Charge (1st plus is for GST, 2nd for Service Charge). It's so commonplace, that even places without Service Charge use "++" even if it's only GST.

GST is 8%, Service Charge 10%, nett price is the price with both GST and Service Charge included.

Other than copying Americans, I could never fathom why they chose to display gross prices with "++" symbol - except the obvious, the price looks "lower" if you don't add "++" amounts to it.
I don't get the point of ++ then since most of Asia doesn't copy the American model where the taxes are added at the point of purchase. Basically, nett is whatever the number is then that's what I'll pay?
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