VAT (Value Added Tax) Calculator
Our VAT (Value Added Tax) Calculator allows you to enter multiple figures and have not only the VAT calculated for you, but the grand totals too.
You are able to enter a combination of 2 figures in order to calculate the other figures that are connected with the VAT calculation.
For example, if you enter both the VAT rate and the total, you are able to find out exactly what the VAT content is of an amount.
The Following Algorithms Are Used in This Calculator:
VAT amount = nett amount x (VAT rate / 100)
Total = nett amount + VAT amount
VAT amount = total - nett amount
VAT rate = (VAT amount / nett amount) x 100
Nett amount = (100 / VAT rate) * VAT amount
Nett amount = total / (1 + (VAT rate / 100 ))
Nett amount = total - VAT amount
Understanding what these values mean is important to understanding the calculations provided by our calculator.
You can also try another VAT calculator by following this link.