VAT Calculator
Enter an amount and pick a rate. Add VAT, or take it back out of an inclusive figure.
- Net
- VAT
- Gross
A common mistake
Subtracting the percentage from a VAT-inclusive figure is wrong. The net behind 1,000 at 20% is 833.33, not 800, because VAT is added on top of the net rather than taken off the total. This tool works the two directions out separately. The rates come from configuration, so a change in the law is a one-line edit.