VAT calculator – how to calculate VAT
You can use the VAT calculator to calculate the price of goods or services with or without VAT and determine the amount of VAT with different VAT rates. Fill in just two fields of the calculator and press Calculate.
The taxable amount of the goods or services is the net price including all additional surcharges. Examples of what you must include in the taxable amount:
- Invoicing charges
- Delivery charges, postal charges
- Per diem allowances and kilometre allowances
The surcharges listed above are subject to the same VAT rate as the good and service itself.
Apply the following formula to calculate VAT:
VAT = the taxable amount × applicable VAT rate / 100
VAT amount must be expressed with two decimal points.
Example: A computer repairman visits his customer to pick up their computer and bring it over to the shop. The repair work costs €100.00 without VAT. An additional charge is made for kilometres driven and for writing up a paper invoice: €8.00 + €10.00. The general 25,5-percent rate of VAT must be applied on the sale, including the added charges.
The way to calculate at the VAT and the total price with VAT is as follows:
The taxable amount: €100.00 + €8.00 + €10.00 = €118.00
VAT: €118.00 × 25,5/100 = €30.09
Total price with VAT: €118.00 + €30.09 = €148.09
The price “including VAT” of goods and services consists of the VAT and the taxable amount. You can work them out with the following formulas:
VAT = applicable rate × the price including VAT/ (100 + the rate)
The taxable amount = 100 × the price including VAT / (100 + the rate)
VAT amount must be expressed with two decimal points.
Example: The total repair cost is €148,09 including VAT; the VAT rate is 25,5%.
The way to calculate the taxable amount and the amount of the VAT is as follows:
Price incl. VAT: €148.09
Taxable amount: €100.00 × €148.09 / (100 + 25,5) = €118.00
VAT: 25,5 × €148.09 / (100 + 25,5) = €30.09, or alternatively: 24/100 × €118.00 = €30.09
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