VAT Calculator
Add or Subtract VAT.
%
Result:
Value Added Tax (VAT) is a consumption tax applied at various stages of a product or service's production and distribution. It is typically charged to the end consumer, serving as a way for the government to generate revenue based on the additional value contributed as the product advances through the supply chain.
This calculator allows you to calculate the Gross or Net amount for a given price and VAT Rate.
How to use the VAT Calculator?
- Enter the price.
- Enter the VAT Rate (%).
- Decide whether you want to add or subtract VAT.
- Check your results.
How to Calculate VAT?
Adding VAT
Gross Amount = Price × [1 + (VAT Rate ÷ 100)]
Example: Add 20% VAT to $150
Gross Amount = $150 × [1 + (20 ÷ 100)]
Gross Amount = $150 × 1.2 = $180
VAT = $180 - $150 = $30
Subtracting VAT
Net Amount = Price / [1 + (VAT Rate ÷ 100)]
Example: Subtract 20% VAT from $150
Net Amount = $180 / [1 + (20 ÷ 100)]
Net Amount = $150 / 1.2 = $125
VAT = $150 - $125 = $25
Examples
| Amount | Vat Rate | Method | Result |
|---|---|---|---|
| $100 | 20% | + Add Vat | $120 |
| $1000 | 23% | - Subtract Vat | $813.01 |
| 500 | 19% | + Add Vat | $595 |