VAT Calculator Ireland

Updated on July 20, 2022

Add or remove VAT in Ireland in a click with our online VAT calculator. Just type the price and click the button.
Remove VATAdd VAT

 

How to use the VAT calculator

Calculating VAT for VAT-inclusive and VAT-exclusive prices has never been easier. Only 3 easy steps for VAT calculation:

VAT calculator preset to IE rates

🗺️ Country of VAT Ireland
💷 Currency of VAT Euro (€)
📈 Standard rate 23% VAT
📉 Reduced rate 13.5 9 4.8 VAT

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What is VAT and how much is it in Ireland?

Within the EU, products and services are subject to VAT, which is sometimes referred to as GST. The standard rate of VAT is presently 23%. The reduced VAT rates are 13.5 percent, 9 percent, and 4.8 percent, in that order of decreasing percentage.

Revenue.ie provides information on registering, calculating, paying, and reclaiming VAT, as well as the rates and rules for VAT on real estate transactions. By employing VAT-registered businesses.

registered.

first reduced VAT rate

The 13.5% rate applies to fuel, electricity, vet fees, construction, arts and theatre tickets, cleaning services, catering and restaurant services.

second reduced VAT rate

The 9% applies to newspapers, electronically supplied publications, sporting activities’ facilities.

super-reduced VAT rate

The 4.8% applies to livestock in general, and to horses that are normally intended for use in the preparation of foodstuffs or for use in agricultural production

How to work out VAT

It’s never been easier to figure out whether a pricing is VAT-inclusive or VAT-exclusive. Just three simple actions are needed to calculate VAT. If you wish to include VAT in the total or exclude it from it, simply enter your figure and press the “Add VAT” or “Remove VAT” buttons, respectively.

the total.

step 1

Check the VAT rate – it’s preset to 23 percentage

step 2

Enter the amount – Net amount or Gross amount

step 3

Click “Remove VAT” or “Add VAT” to calculate VAT amount.

How to calculate VAT

Following these simple steps can help you to calculate VAT backwards or forwards.

add vat calculation

Adding VAT Formula

If you want to add VAT to the price, you just need to divide the price by 100 and then multiply by (100 + VAT percentage). That’s all, you got the price including VAT (Gross value).

Add VAT

revers vat calculation

Removing VAT Formula

If you want to remove VAT from the price, you need to divide the price by (100 + VAT percentage) and then multiply by 100. Now you know the price exclusive VAT (Net amount).

Remove VAT

how to calculate VAT in excel
excel

Calculate VAT in Excel

If you need to calculate VAT for several products at once, it is easier to use Excel. I created a template for reverse VAT calculation – download, it’s free.

DOWNLOAD TEMPLATE

Frequently Asked VAT Questions & Answers

Value-added tax (VAT) questions and answers are provided below.

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What are the current VAT rates in the Ireland?

Standard rates, reduced rates, and zero-rated rates all have their advantages and disadvantages depending on the goods or services you provide. Prices are subject to change and must be applied as soon as the new rates become effective. More information is available here.

How to check the validity of the company VAT number?

The official services can be used to verify the authenticity of the VAT number. To verify a company’s VAT number in Europe, use the VIES VAT number validation service. There is a UK VAT number checker for companies in the UK.

6 Interesting VAT Facts

Six facts regarding VAT that you probably didn’t know are here for your perusal.

 know.

fact 1

When France implemented a value-added tax in 1954, it was the first country in the world to do so. The VAT rate in the UK gradually increased from 10% to 20% in 2011, and has remained there ever since.

fact 2

In the 2019/2020 tax year, the UK earned VAT revenue of $129.88 billion. VAT is the third-largest source of government revenue, behind income tax and national insurance.

fact 3

At 27 percent, Hungary holds the world’s highest VAT rate, followed by Iceland with a rate of 25.5 percent. The Bahamas, Hong Kong, Saudi Arabia, and Qatar are all countries that do not charge VAT at all.

In 2012, Pastygate became the most talked-about story in the media. Widespread opposition was voiced to the government’s plan to begin taxing hot sausage rolls and pastries sold at restaurants.

fact 6

In the UK, items including children’s clothing, most groceries, books, and prescription medications are all VAT-free. Some other things that are exempt from VAT are museum visits, antiques, and postal services.