🧮PantoCalc

🧾 VAT Calculator

Calculate VAT-inclusive and VAT-exclusive prices

How VAT Calculation Works

Formula

VAT Amount = Net Price × VAT Rate / 100

  1. 1Enter the price (either with or without VAT).
  2. 2Enter the VAT rate percentage for your country.
  3. 3To add VAT: Gross = Net × (1 + Rate/100).
  4. 4To remove VAT: Net = Gross / (1 + Rate/100).
  5. 5The calculator shows net price, VAT amount, and gross price.

About VAT Calculator

Calculate VAT (Value Added Tax) inclusive and exclusive prices. Add or remove VAT from any amount. Supports custom VAT rates for any country. Essential for business invoicing.

Frequently Asked Questions

What is VAT?

VAT (Value Added Tax) is a consumption tax applied at each stage of production. It's used in over 160 countries. Unlike sales tax (applied once at point of sale), VAT is collected incrementally through the supply chain.

What VAT rate should I use?

VAT rates vary by country: UK 20%, Germany 19%, France 20%, Canada (GST) 5%, Australia (GST) 10%. Many countries also have reduced rates for essential goods like food and medicine.

How do I calculate the VAT on a VAT-inclusive price?

Divide the total by (1 + VAT rate). For a £120 item with 20% VAT: £120 / 1.20 = £100 net price, and £20 is the VAT. The formula is: VAT = Total − (Total / (1 + Rate)).