VAT Calculator – Add or remove VAT
Are you looking for an easy way to add or remove VAT on a specific amount?
Value Added Tax (VAT) is a consumption tax levied on the value added to a product or service at each stage of its production or distribution. The standard VAT rate is often set as a percentage of the final retail price, and it can vary from one country to another.
For example, in the United Kingdom, the standard VAT rate is 20% (as of 2023). The VAT calculation below will allow you to quickly calculate the VAT amount on a given amount. Additionally, the ability to customise the VAT percentage allows you to adapt the calculation to any specific needs.
Result
The VAT tool is set at the standard VAT rate in the United Kingdom – 20% (as of 2023).
