Vat Calculator

Updated on July 20, 2022

Add or extract VAT: calculate net amount without VAT in few keystrokes.Just type the gross value and press enter button to see VAT percentage.

VAT calculator usage: Simply enter the gross sum, choose vat calculation operation (include or exclude),
tax percentage and press «Calculate» or enter button to calculate VAT amount.
By default the online VAT calculator rate is set for UK VAT calculation.How to calculate VATExcluding VAT from gross sum:The VAT exclusion calculation formula is as follows: 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 closest number (including eurocents). The final two processes are not required because you can view the VAT figure before you conduct them.

Adding VAT to net amount:

It’s no problem at all. The gross amount can be calculated by multiplying the net amount by 1 plus the VAT percentage (i.e. multiplying by 1.15 if VAT is 15%). In this case, multiply by the VAT rate to determine the tax amount.
On Wikipedia, you may learn more about VAT tax.

See also  Import One Stop Shop (IOSS)