Calculate VAT
Pick whether you are adding tax or removing it from a tax-inclusive amount. This is especially useful before feeding numbers into margin or markup calculations.
Useful presets for quick invoice and catalog checks.
Calculator
Add VAT to a net amount or remove VAT from a gross amount. It is useful for quotes, invoices, and sanity-checking tax-inclusive price lists.
Pick whether you are adding tax or removing it from a tax-inclusive amount. This is especially useful before feeding numbers into margin or markup calculations.
Useful presets for quick invoice and catalog checks.
Formula
If the net amount is $100 and VAT is 23%, the tax amount is $23 and the gross total is $123. Removing VAT works in reverse by backing the tax out of the tax-inclusive figure.
Once you know the net amount, use margin or markup to see whether the commercial part of the price still works. VAT is tax, not profit.