VAT Calculator
Gross amount (including VAT)
120.00
VAT Calculator
Net amount (excluding VAT)
100.00
VAT
20.00
Rate applied
20.00 %
VAT as a share of the gross
16.6667 %
Line amount before VAT treatment
100.00
Direction
VAT added to a net amount
Worked out from Council Directive 2006/112/EC on the common system of value added tax, Title VII (taxable amount) and 1 other source.
Indicative VAT arithmetic only. The rate, the place of supply and any exemption, margin scheme or reverse-charge treatment must be confirmed against the rules of the relevant tax authority.
How this is worked out
3 steps
- Net amount = 100
- VAT = amount x rate / 100 = 100 x 20 / 100 = 20
- Gross = amount + VAT = 100 + 20 = 120
Results are general information, not financial, tax, legal, medical or engineering advice.