VAT Calculator: Fast & Accurate Tax Calculation

Add or remove Value Added Tax in a single click.

Whether you are a small business owner in the UK, a freelancer in Europe, or a traveler calculating your duty-free savings, our VAT Calculator simplifies the math. VAT (Value Added Tax) is included in the price of most goods and services, but businesses often need to see the net amount to manage their accounts and tax returns.

How VAT Works

VAT is a “consumption tax” placed on a product whenever value is added at a stage of production and at final sale.

1. Adding VAT

If you are a business owner selling a service, you must add VAT to your base price.

Formula: Net × VAT Rate 100 + 1
Example: A £100 service with 20% VAT becomes £120.

2. Removing VAT (Inclusive to Exclusive)

If you have a receipt and want to know how much tax you paid, you must “back out” the VAT.

Formula: Net = $\frac{\mathrm{Gross}}{1+\frac{\mathrm{VAT\; Rate}}{100}}$

Example: For a £120 total at 20% VAT, the net is £100, and the VAT paid was £20.

Common VAT Rates

On familyhealthcalc.com, we help you stay current with standard regional rates:

• United Kingdom: The standard rate is 20%. There is a reduced rate of 5% (e.g., for home energy) and a 0% rate (e.g., most food and children’s clothes).
• Ireland: The standard rate is 23%, with various reduced rates for hospitality and newspapers.
• European Union: Rates vary by country, generally ranging between 17% and 27%.
• Canada (GST/HST): While technically a “Goods and Services Tax,” it operates similarly to VAT with rates between 5% and 15% depending on the province.