How VAT on Sale is Calculated in SellerAmp SAS

How does VAT on Sale work in SAS?

If "VAT on Sale" is set to "Yes", you will need to enter the gross sale price - if it is set to "No", you will need to enter the net sale price. By default, VAT on Cost and VAT on Sale will be set to "Yes" on every product listing.

VAT on Sale Paid
VAT on Sale Not Paid
SellerAmp Profit Calculator and VAT Settings panels showing configuration for a seller who pays VAT on Sale

SellerAmp Profit Calculator and VAT Settings panels showing configuration for a seller who does not pay VAT on Sale