VAT Calculator
Add VAT to a net amount or extract VAT and calculate the net price from a gross amount.
Calculation Inputs & Parameters
1000
(Default)
add
15
(Default)
Gross Amount (Incl. VAT)
$1150.00
Net Amount (Excl. VAT)
$1000.00
VAT Amount
$150.00
VAT Rate
15%
How the Calculation Works
Calculates the tax portion based on the standard Value Added Tax percentage.
Formula: Gross = Net × (1 + Rate / 100) | VAT = Gross - Net
Practical Worked Example
Given Inputs: 1,000 Net with 15% VAT
Calculated Output: VAT: 150 | Gross: 1,150
- 1,000 × 0.15 = 150 VAT; Total = 1,150.