VAT Calculator
Quickly add or remove Value Added Tax (VAT) for any international transaction.
Total with VAT
€0.00
VAT Amount
€0.00
Base Price
€0.00
International VAT
VAT rates vary globally. Most EU countries hover between 19% and 25%. Ensure you use the correct rate for your specific jurisdiction.
What is VAT (Value Added Tax)?
Value Added Tax (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. Over 160 countries around the world use a VAT system, including the United Kingdom and the European Union.
How VAT Works
Unlike a general sales tax, which is only collected at the final sale to the consumer, VAT is collected by businesses at every stage of production. Businesses can usually offset the VAT they pay on inputs against the VAT they charge on outputs.
Adding vs. Removing VAT
There are two common ways to use a VAT calculator:
- Adding VAT: You have a net price and need to find the total including tax.
Total = Net Price + (Net Price × VAT Rate) - Removing VAT: You have the final price and need to find the original base price.
Net Price = Total Price / (1 + VAT Rate)
Common Global VAT/GST Rates
While the concept is similar, rates vary significantly by country:
- United Kingdom: Standard rate is 20%.
- European Union: Minimum standard rate is 15%, but most hover around 20-25% (e.g., France: 20%, Germany: 19%, Hungary: 27%).
- Australia/New Zealand: Known as GST (Goods and Services Tax), usually 10% or 15%.
- India: GST uses a multi-tiered system (5%, 12%, 18%, 28%).
Our tool simplifies this process, allowing you to quickly toggle between adding tax for a sale or removing tax from a purchase record.