Adding and removing VAT
Gross = net × (1 + rate ÷ 100). To find the net price from a gross price, divide by (1 + rate ÷ 100). The VAT amount is the difference.
VAT calculator
Add VAT to a net price or find the net price and VAT inside a gross price. Pick a country preset or type any rate.
Amount before tax10,000.00
VAT2,000.00
Total including tax12,000.00
Rates
The UK standard rate is 20% and EU standard rates range from 17% to 27%. Reduced and zero rates exist for some goods and services. Rates change and rules differ; verify with the tax authority or an accountant.
Questions
Is VAT the same as sales tax?
No. VAT is charged at each stage of production and reclaimed by businesses; sales tax is charged once at the final sale.
How do I get 20% VAT from a gross price?
Divide by 1.2 for the net price; the VAT is one-sixth of the gross.