About the VAT & Sales Tax Calculator
Value-added tax (VAT), goods and services tax (GST) and sales tax are added to prices in most countries, at rates that vary by country, region and type of product. Businesses need to add tax to a net price when invoicing, and to extract the tax from a tax-inclusive price when recording expenses. This calculator does both for any rate you enter, and can display the results in your currency. Always check the current official rate for your country and product.
How to use it
- Choose “Add tax” to go from a net price to a total, or “Remove tax” to find the net price inside a total.
- Enter the amount and the tax rate, or pick one of the quick rates.
- Optionally choose a currency to format the results.
- Read the net amount, the tax and the total, and copy any of them.
Frequently asked questions
How do I remove VAT from a price?
Divide the tax-inclusive price by 1 plus the rate. With a 20% rate, a price of 120 contains a net amount of 120 ÷ 1.20 = 100 and 20 of tax. Simply subtracting 20% of 120 (24) gives the wrong answer.
What is the difference between VAT, GST and sales tax?
VAT and GST are charged at each stage of production and distribution, with businesses reclaiming the tax they pay. Sales tax is usually charged only on the final sale to the consumer. The arithmetic for a single price is the same.
Which tax rate should I use?
It depends on your country, sometimes your region, and the type of product or service. Many countries have a standard rate and reduced rates. Check your national tax authority's website for current rates.