Markup and Margin Calculator (Trinidad and Tobago)
Price a job from your cost, see the markup and the margin side by side, and get the VAT figure that goes on the invoice. Everything runs on your device.
- Free
- No sign-up
- Nothing uploaded
- Updated for 2026
- Last reviewed October 2026
- Reviewed by the Owoode team
- TT$ TTD
- VAT 12.5%
- BIR number
- A4
- English
Charge
$1,400.00
excluding VAT
- Cost
- $1,000.00
- Profit
- $400.00
- VAT at 12.5%
- $175.00
- Total on the invoice
- $1,575.00
That is a 40% markup and a 28.57% margin.
Price rules that affect your markup
A markdown must be genuine. Under the Trade Descriptions Act, Chap. 82:04, section 13, it is an offence to indicate that goods are offered at or below a recommended price, or below the price at which you previously offered them, when that is false. Unless you say otherwise, a claimed former price is taken to have applied for at least 28 consecutive days within the previous six months, and advertising counts as offering. A first summary conviction carries up to TT$5,000 and four months (section 19).
Where goods are sold on hire purchase and the total is not above TT$15,000, the Hire Purchase Act, Chap. 82:33, sections 3 and 4, requires the cash price to be stated in writing before the agreement, which a price ticket on the goods or a catalogue showing the cash price satisfies. Competing sellers must not agree prices, and suppliers and dealers must not enter agreements that fix resale prices (Fair Trading Act, Chap. 81:13, sections 17 and 18).