Vat Calculator

Updated on July 20, 2022

Add or remove VAT to quickly arrive at a net figure.

To see the VAT percentage, simply fill in the gross amount and press the enter key.

Amount:

 

How to calculate VAT

In order to calculate the elimination of VAT from gross total, the formula is as follows: To calculate VAT using the gross amount, divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then divide by 1.15), then deduct the gross amount, multiply by -1, and round to the nearest figure (including Eurocents).

The final two processes are not required because you can view the VAT figure before you conduct them.
Adding VAT to the net sum:.
It’s no problem at all.

For example, if VAT is 15%, multiply the net amount by 1.15 if you want to know the gross amount. In this case, multiply by the VAT rate to determine the tax amount.
Visit Wikipedia to learn more about the value-added tax.

See also  Expert help and advice on VAT issues