FINANCIAL
VAT Add or Extract Calculator
Add or extract VAT using the rate supplied by you.
Your result
FINANCIALEnter your values and select calculate.
On this page How it works & practical examples
How to use the VAT Add or Extract Calculator
Add or extract VAT using the rate supplied by you. The gross mode divides by the tax growth factor rather than subtracting 20% of gross.
The calculation
Net = gross/(1+rate); gross = net×(1+rate)
Worked example
120 gross at an entered 20% rate contains 20 tax units and 100 net units.
Assumptions and limits
No country rate, exemption, registration or reclaim eligibility is inferred. Rounding and invoice rules may vary by jurisdiction.
Common questions
Which inputs should I use?
Add or extract VAT using the rate supplied by you. The gross mode divides by the tax growth factor rather than subtracting 20% of gross.
What does the result exclude?
No country rate, exemption, registration or reclaim eligibility is inferred. Rounding and invoice rules may vary by jurisdiction.