VAT Calculator

VAT Calculator

A VAT (Value Added Tax) calculator is a tool used to calculate the amount of VAT to be paid or added to the price of a product or service. VAT is a consumption tax imposed on the value added at each stage of production or distribution. The calculator typically takes the pre-VAT price as input and calculates the VAT amount based on the applicable VAT rate.


To use a VAT calculator, you would typically enter the pre-VAT price of an item or service and select the appropriate VAT rate. The calculator will then compute the VAT amount and provide you with the total price including VAT.


For example, if you have a product with a pre-VAT price of $100 and a VAT rate of 20%, the VAT calculator would calculate the VAT amount as $20, resulting in a total price of $120 (pre-VAT price + VAT).


VAT rates can vary depending on the country and the type of goods or services involved. It's important to use the correct VAT rate applicable in your specific jurisdiction when using a VAT calculator.

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