Finance

VAT Calculator

Add VAT to a net price, or extract VAT from a gross price. Works with any tax rate — use the presets for common rates or enter a custom percentage.

Adding vs. removing VAT

There are two common VAT calculations, and it's important not to confuse them:

VAT rates around the world

Value Added Tax (VAT) is charged in over 160 countries, though names and rates vary. Common equivalents include GST (Goods and Services Tax) in Australia, Canada, India, and New Zealand; HST (Harmonized Sales Tax) in Canadian provinces; and Sales Tax in the United States (which is typically added at point of sale rather than included in shelf prices).

UK

20% standard, 5% reduced

EU (average)

20–21% (varies by country)

Australia

10% GST

India

5%, 12%, 18%, 28% GST

Canada

5% GST + provincial

New Zealand

15% GST

Frequently asked questions

Why can't I just multiply the gross price by the VAT rate to get the tax?

Because the gross price already contains VAT. Multiplying £120 by 20% gives £24, but the actual VAT in a £120 gross price at 20% is £20 (£100 net + £20 VAT = £120). To reverse-calculate VAT, you must divide by (1 + rate/100) to isolate the net first, then subtract to find the tax.

Do all goods get charged VAT at the same rate?

No. Most countries have multiple VAT rates. In the UK, for example, most goods are 20%, domestic fuel and children's car seats are 5%, and food, books, children's clothing, and medicines are zero-rated. Always check the applicable rate for your specific goods or services.

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