VAT Calculator
Calculate VAT inclusive and exclusive prices easily
VAT Calculator
Calculate VAT inclusive and exclusive prices easily
What is VAT?
VAT (Value Added Tax) is a consumption tax levied on goods and services at each stage of the supply chain. It is ultimately borne by the final consumer.
VAT rates vary by country and sometimes by the type of goods or services. Common VAT rates include 20% (UK), 19% (Germany), 21% (Spain), and 0% for certain exempt items.
How VAT Calculation Works
VAT can be calculated in two ways:
VAT Inclusive: The price already includes VAT. To find the VAT amount, divide by (1 + VAT rate) and multiply by VAT rate.
VAT Exclusive: The price does not include VAT. To find the VAT amount, multiply the price by the VAT rate.
Common VAT Rates by Country
Frequently Asked Questions
What is the difference between VAT inclusive and exclusive?
VAT inclusive means the price already includes VAT, while VAT exclusive means VAT needs to be added to the price.
How do I calculate VAT from a VAT inclusive price?
To calculate VAT from an inclusive price, use the formula: VAT Amount = Price ÷ (1 + VAT Rate) × VAT Rate
How do I calculate VAT for a VAT exclusive price?
To calculate VAT for an exclusive price, simply multiply the price by the VAT rate: VAT Amount = Price × VAT Rate
Are VAT rates the same in all countries?
No, VAT rates vary by country and sometimes by the type of goods or services. Some items may be exempt or have reduced rates.
Can I use this calculator for business purposes?
Yes, this calculator can be used for business VAT calculations, but always verify with your local tax authority for official rates and regulations.