Manual

Enter the VAT rate and the amount.
Click the calculate button.

What the VAT calculator does?

This VAT calculator helps you determine the amount of value added tax (VAT) and the total amount including VAT for any transaction.

How does a VAT calculation work?

First you need to determine the VAT rate that is applicable to the goods you are trying to calculate the VAT for. Usually the rates are determined based on the category of goods you want to buy or sell. You can look up VAT rates here: VAT rates . These rates are different in every country, but the calculation is not. Once you know your rate, you can pick if you want to subtract VAT or add it to your base amount. When you do the VAT calculator will calculate your VAT, either add or subtract it from the base amount and then give you a clean result with both the amounts.

The actual calculation is relatively simple. You take the initial amount and multiply it with the percentage of VAT. You add that amount to the initial amount and you end up with the amount including VAT. So 100 euros, add 21% VAT will give you 21 euros, which will result in a total amount of 121 euros. The other way around is similar. If you start with 121 euros, then devide by 1 + the percentage you end up with 100 euro's again and 21 euros of VAT.

Sources

These are the sources used for the VAT calculator.

FAQ Section

Q: How do I know which VAT rate to use?
A: VAT rates vary by country and by product type depending on your country. You can look up VAT rates here: VAT rates .

Q: Can I calculate VAT for amounts that already include VAT?
A: Yes, select the "Including VAT" option to separate the VAT from the total amount.

A word of caution

While we obsessively strive for accuracy, actual figures may vary based on your individual circumstances. Always consult with a certified financial planner (CFP) or qualified tax professional before making (big) financial decisions. You can use this tool to get a better picture before you do and to understand how it works.