Value Added Tax (VAT) Calculator
This calculator helps you calculate the Value Added Tax (VAT) for a product or service. By inputting the price and VAT rate, it calculates the VAT amount and the total price including VAT, making it easier to determine the cost of goods and services with VAT applied.
Calculate VAT Amount and Total Price Including VAT
Value Added Tax (VAT) Formula
Where:
- VAT – Value Added Tax
- Price – Price of the product or service before VAT
- VAT Rate – VAT rate (e.g., 20% = 20)
Value Added Tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the production and distribution process. This calculator allows you to easily determine the VAT amount for your purchase or sale and calculate the final price including VAT. It’s especially useful for businesses, accountants, and individuals who need to calculate VAT for invoices, receipts, or purchases in countries where VAT is applicable.