Add or remove VAT
Quickly add VAT to a net amount or remove VAT from a tax-inclusive amount. You can choose from several currencies while entering the VAT rate manually.
20% VATCommon example rate
Add VATNet → gross amount
Remove VATGross → net amount
To add VAT, multiply the net price by the VAT rate and add it to the net amount. To remove VAT from a tax-inclusive price, divide the gross amount by 1 plus the VAT rate.
VAT rates and tax rules differ by jurisdiction. Always verify the applicable rate for your transaction.