VAT Calculator

Updated on May 31, 2022

The VAT value is often offered to clients as part of marketing activities. But how can you figure out the VAT on a goods where the tax has already been factored in? If the interest rate is 23 percent, divide the price by 1.23, or by the equal amount if the rate is lower. Simply enter the following as an example: if a computer costs $590 with VAT included, then enter the following as an example: Is the promotion worth it?

If, on the other hand, you want to know how much a given item costs without VAT, all you have to do is perform the opposite action, which is to multiply instead of divide. In order to purchase a tablet for $320 excluding VAT, you must use the following formula:. Using the calculators below can help if you’re still having trouble figuring it out.

 Calculate VAT (included in prices)

Price incl. VAT:  $

Percentage of VAT:  %

   

 Result

 Calculate VAT (excluded in prices)

Price excl. VAT:  $

Percentage of VAT:  %

   

 Result

INFORMATION
Notes Stack
In the European Union, a tax on the value added to products and services, known as the VAT, is levied on a wide range of commodities and services. All goods and services bought and sold in the EU for use or consumption are covered by this rule.