VAT Calculator – Add or Remove VAT (20%)

VAT (Value Added Tax) is calculated as a percentage of the net price. To add VAT, multiply the price by (1 + rate/100). To extract VAT from a gross price, divide by (1 + rate/100) to find the net price. Worked example: a €100 invoice at 20% VAT totals €100 × 1.20 = €120. To extract VAT from a gross price, divide instead: €240 ÷ 1.20 = €200 net plus €40 tax — dividing by 1.20 is not the same as subtracting 20% of €240.

1. 1

   Step 1

   Select whether to add VAT or extract VAT from total

2. 2

   Step 2

   Enter the price (net price for adding, gross price for extracting)

3. 3

   Step 3

   Input your country's VAT rate percentage

4. 4

   Step 4

   Calculator shows the VAT amount and final price

5. 5

   Step 5

   View the breakdown of net price, VAT, and total

• 1

  Always verify you're using the correct VAT rate for your country and product category

• 2

  Some goods and services have reduced or zero VAT rates - check exemptions

• 3

  Keep records of all VAT calculations for tax compliance purposes

• 4

  For B2B transactions, understand reverse charge mechanisms

• 5

  Update your VAT rate immediately when government changes take effect

• Using Wrong VAT Rate

• Confusing VAT-Inclusive and Exclusive Prices

• Forgetting Reduced Rates

• Rounding Errors