Orthogonal projectors on non-orthogonal subspaces

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It is a well known fact that if(f) $V,W$ are orthogonal subspaces of a Hilbert space $H$, then their orthogonal projectors satisfy $$P_{\,V+W} = P_V + P_W,$$

where $P_{\,V+W}$ is the projector on $V+W$.

What happens if $V,W$ are not orthogonal, but we still take orthogonal projectors, and still $V\cap W= \{0\}$?

I am looking for a formula of the type $$P_{V+W} = P_V + P_W + A(V,W)$$

where $A$ is some operator, depending for example on the angle between the subspaces.

Is there such a formula?

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