Throughout Europe there is something called Value Added Tax (VAT). This is one of the ways governments get income. It is their way of taking "a piece of the action", a phrase you may have heard of in relation to American gangsters of the 1920s. VAT rates vary from country to country, with 2018 rates ranging from 8% in Switzerland to 27% in Hungary.
Some (very annoying) websites do not display the VAT until you get to the checkout, giving a false (too cheap) representation of the actual price. With a VAT rate of 20%, it is convenient to be able to calculate it in your head.
Which figure is wrong?
£ means British pound
€ means European euro
by Leslie Green