Add or remove VAT from any price. Supports UK, EU, and custom rates.
Value Added Tax (VAT) is a consumption tax applied to goods and services at each stage of production and distribution. Standard rates vary by country: UK 20%, EU countries 17โ27%, Australia 10%.
| Country | Standard Rate |
|---|---|
| United Kingdom | |
| Germany | |
| France | |
| Italy | |
| Spain | |
| Netherlands | |
| Australia (GST) | |
| Canada (HST) | |
| Japan | |
| India (GST) |
Formula
VAT Amount = Net Price ร VAT Rate | Gross Price = Net Price ร (1 + VAT Rate) | Net from Gross = Gross รท (1 + VAT Rate)Net Price = Price before VAT is applied (ex-VAT)
VAT Rate = The applicable VAT percentage (e.g., 0.20 for 20%)
Gross Price = Final price including VAT (inc-VAT)
Worked Example
$100 net price at 20% VAT
Did you know? VAT was first introduced in France in 1954 and is now used in over 170 countries worldwide. The EU requires member states to maintain a minimum standard VAT rate of 15%, though most set rates between 19โ27% (source: European Commission Taxation and Customs Union).
Sources
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