Bahamas VAT Calculator

This online VAT calculator helps you calculate VAT in just a few clicks. Enter the price and VAT rate, and click the Calculate button.

VAT Amount
Total Amount (incl. VAT)

VAT Rate in Bahamas

The VAT rate was 7.5%, but in 2018 it increased to 12%, and till now the same rate has continued. VAT was first implemented on Jan 1, 2015. However, the current VAT (value-added tax) rate is 12%.

How to Calculate Bahamas VAT?

This Bahamas VAT Calculator is a tool that is designed to assist in calculating Value Added Tax (VAT) on purchases in the Bahamas. VAT is an indirect tax levied at each stage of production or distribution.

This online VAT calculator helps you quickly determine the VAT amount and total amount (including VAT) based on your entered values.

1: Input Field:

  1. Purchase Amount ($): You can enter the purchase amount in the specified field.
  2. VAT Rate (%): A customizable field where you can enter the VAT rate (default is set to 12%).
  3. Calculation: On clicking the "Calculate VAT" button, the calculator processes the values to calculate the VAT amount and the total amount including VAT.

2: Result:

You will get two values in the results:

  • VAT Amount: The calculated amount of value-added tax.
  • Total amount (including VAT): The original purchase amount and total cost including VAT.

Why use the Bahamas VAT Calculator?

This VAT calculator makes accurate VAT calculations based on the data you provide. It provides a quick way to determine VAT and total amount and saves you time.

Bahamas VAT Useful Links:

VAT Rates By Country

  • Albania: Value Added Tax (VAT) in Albania is 20% for most goods and services.
  • Algeria: VAT in Algeria is 14% to 19% for most products.
  • Azerbaijan: This calculator helps you calculate VAT inclusive and exclusive amounts by selecting the "Add or Exclude VAT" option at the rate of 18%.
  • Austria: Value Added Tax (VAT) in Austria is 20%.
  • Belgium: The Value Added Tax (VAT) in Belgium is 0%, 6%, 12% and 20% respectively.
  • Brazil: VAT in Brazil is 7% to 18% respectively.
  • Chile: Value Added Tax in Chile is 0% to 19% for most goods and services.
  • China: VAT in China is 0% to 17%. 
  • Hungary: The standard VAT rate in Hungary is 27% for most goods and services.
  • Denmark: VAT in Denmark is 0% to 25% for most goods and products.
  • Egypt: Value Added Tax (VAT) in Egypt is 0% to 14% for most products.
  • Finland: VAT in Finland is 24% for most products and services. 
  • Mexico: Value Added Tax (VAT) in Mexico ranges from 0% to 16%.
  • Thailand: VAT in Thailand is 0% to 7%.
  • Slovakia: VAT in Slovakia is 9.5% to 22% for most products.
  • Spain: The standard VAT in Spain is 20% and the average VAT is 4.2% for most products.
  • Switzerland: VAT in Switzerland is 0% to 8% for most products. 
  • Netherlands: Value Added Tax (VAT) in the Netherlands is 0% to 21%.
  • Norway: The VAT rate in Norway is 0% to 25% for most products and services.
  • Philippines: The standard Value-added tax is 12% for most goods and services.
  • South Africa: The standard VAT rate is 15%, but some of essential foods are tax-free.
  • United Kingdom: VAT in the UK is 0% to 20%.
  • Venezuela: VAT in Venezuela is 0% to 16% for most products.
  • Vietnam: Value Added Tax (VAT) in Vietnam is 0% to 15% for most goods and services.
  • Dominican Republic: To calculate VAT, enter the subtotal and VAT rate. The standard VAT rate is 18%.

Disclaimer: This calculator is for informational purposes only and should not be construed as tax advice. You should consult a tax professional for guidance specific to your circumstances.

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