worldofcalcsVAT Calculator
Net Amount
£100.00
VAT Amount
£20.00
Gross Total
£120.00
About VAT
VAT (Value Added Tax) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.
Common Rates
- UK: 20% (Standard).
- Germany: 19%.
- France: 20%.
- India (GST): 5%, 12%, 18%, 28%.
Formulas
Add VAT: Gross = Net × (1 + Rate/100)
Remove VAT: Net = Gross / (1 + Rate/100)