Online VAT Calculator to easily add or remove/exclude VAT from a given price. Use our free VAT Calculator to calculate your figure inclusive or exclusive of VAT.
How to use the VAT Calculator?
Simply enter the amount you want to work with, select whether that amount excludes VAT or includes VAT by clicking Add VAT or Remove VAT button.
How to add VAT?
Simply multiply the net amount by (1 + VAT) percentage (i.e. multiply by 1.2 if VAT is 20%) and you’ll get the gross amount. If you want to know the VAT value, simply multiply the net amount by the VAT.
Example calculation for adding VAT:
- Net amount: 150 EUR, VAT percentage 20%
- Gross amount = 150*(1.2) = 180 EUR
- VAT = gross amount – net amount = 180 – 150 = 30 EUR
How to remove/exclude VAT?
VAT exclusion is almost as simple as adding VAT. First, you need to divide the gross amount by 1 + VAT percentage (i.e. if it is 20%, then you should divide by 1.2) to get the net amount. Finally, subtract the net amount out of the gross amount to get the VAT.
Example calculation for removing (excluding) VAT:
- Gross amount: 150 EUR, VAT percentage 20%
- Net amount = 150/(1.2) = 125 EUR
- VAT = gross amount – net amount = 150 – 125 = 25 EUR
Our VAT Calculator can be used for the following things:
- Calculate VAT from gross amount and VAT percentage
- Calculate VAT from net amount and VAT percentage
- Show how to work out VAT content at any VAT-percentage
- Add VAT to net amount (calculate VAT from net amount)
- Remove/exclude VAT from gross amount (calculate VAT from gross amount)
- Calculate VAT backwards
- Take X% off a price or any number
- Calculate sales tax backwards
Some more information regarding VAT Calculator and value-added tax (VAT)
- A value-added tax (VAT) is assessed incrementally. Like an income tax, it is based on the increase in value of a product or service at each stage of production or distribution. However, a VAT is collected by the end retailer and is usually a flat tax, and is therefore frequently compared to a sales tax.
- Germany and France were the first countries to implement VAT.
- Countries that have a VAT system require most businesses to be registered for VAT purposes.
- A VAT is usually a flat tax collected by the retailers.