VAT Calculator

About VAT Calculation

VAT (Value Added Tax) is a consumption tax added to goods and services. This calculator helps you add VAT to prices or remove VAT from prices that already include it.

How It Works:

• Add VAT: Calculates the price including VAT from a VAT-exclusive price
• Remove VAT: Calculates the price excluding VAT from a VAT-inclusive price
• Formula (Add): Total = Amount × (1 + VAT Rate ÷ 100)
• Formula (Remove): Original = Total ÷ (1 + VAT Rate ÷ 100)

Common VAT Rates by Country:

• UK: 20% (standard rate)
• EU: 15-27% (varies by country)
• Canada: 5% (GST) + provincial taxes
• Australia: 10% (GST)
• USA: No federal VAT (state sales taxes vary)

Common Uses:

• Calculate final prices for products/services
• Prepare invoices and quotes
• Understand tax components of purchases
• Business accounting and bookkeeping