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VAT Calculator
Online VAT Calculator that is able is reverse, remove, include & add VAT. This VAT calculator can calculate both inclusive and exclusive VAT.
VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.
VAT is applied as a percentage of the goods or services' value, and businesses collect it on behalf of the government. It's a way for governments to generate revenue.
No, VAT rates and regulations vary from country to country. Each country has its own rules regarding VAT.
To calculate VAT from a gross amount, divide the gross amount by (1 + VAT percentage). For example, with 15% VAT, divide by 1.15. The VAT amount is then the difference between the gross amount and this result.
To add VAT, multiply the net amount by (1 + VAT percentage). For example, with 15% VAT, multiply by 1.15 to get the gross amount. To get just the VAT value, multiply the net amount by the VAT percentage.
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