To calculate VAT by country, select a country and enter the amount, VAT rate (mentioned below) and calculation type (Add VAT or Remove VAT). Click the Calculate button.
| Total Amount (Incl.VAT): | |
| VAT Amount: | |
| Net Amount (Excl. VAT): |
VAT Inclusive and VAT Exclusive – Overview
You may have seen somewhere inclusive or exclusive on the price of a product or service. Here, an inclusive means that VAT is added to the base price of the product/service, while an exclusive is without a VAT amount.
How to Calculate VAT?
It’s very simple, our online VAT calculator helps you calculate VAT in just a few seconds, both exclusive and inclusive VAT. You simply enter the value and your VAT calculation is ready. For example, we take an amount of £100 and assume VAT at 18%:
Gross Price= £100+ (£100 × 0.18)= £118.00
See also: Reverse VAT
What is Add VAT?
The amount that you input is the net price of the product or service. When you select Add VAT, the VAT rate is applied to the net price.
Formula:
Gross Price = Net Price + ( Net Price × VAT rate)
What is Remove VAT?
The amount that you input is the total price (VAT + Price) of the product or service. When you select Remove VAT, the VAT rate is deducted from the gross price.
Net Price = Gross Price / (1 + VAT Rate)
Remove VAT Calculation: Net Price= £100/(1 + 0.18)= £84.74
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 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 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%.
VAT Rates & Reduced Rates by Country
List of countries that are using VAT to collect indirect taxes:
| Country | VAT/GST Rate | Reduced rates |
|---|---|---|
| Andorra | The standard VAT rate is 21%. | A reduced rate of 1%, a special rate of 2.5% |
| Argentina | The standard VAT rate is 21%. | Reduced rate of 10.5% |
| Armenia | The VAT rate is 20%. | |
| Bahamas | The standard VAT rate is 21%. | |
| Bahrain | From January 1, 2022, the standard VAT rate is 10%. | |
| Barbados | The standard VAT rate is 17.5%, but on some products, it is 22% | A reduced rate of 10% applies to the provision of hotel accommodation |
| Belize | No value-added tax, but the goods and services tax is 12.5% | |
| Bolivia | The standard VAT (IVA) rate is 13% | |
| Botswana | Since April 2023, the VAT rate is 14% | |
| Bulgaria | The standard VAT rate is 20%. | A reduced VAT rate of 10% applies to hotel accommodation and the tourism sector |
| Canada | The standard federal Goods and Services Tax (GST) rate is 5% | |
| Colombia | VAT rate- 19%. | 5% |
| Cook Islands | The standard VAT rate is 15%, | |
| Costa Rica | The standard VAT rate is 13% | 4%, 2%, 1% |
| Curaçao | VAT rate- 17.5% to 22% | |
| UAE | VAT- 5% in the United Arab Emirates (UAE) | |
| Ecuador | VAT- 12% | |
| El Salvador | The standard VAT (IVA) rate is 13% | |
| Equatorial Guinea | VAT rate- 15% | 6% |
| Ethiopia | The standard VAT rate is 15% | |
| Faroe Islands | VAT rate- 25% | |
| Georgia | VAT rate- 18% | |
| Guatemala | The standard VAT rate is 12% | |
| Indonesia | The standard VAT rate is 11% | |
| Isle of Man | VAT- 20% | 5% |
| Israel | VAT rate- 17% | |
| Kazakhstan | VAT- 12% | |
| South Korea | VAT rate- 10% | |
| Mauritania | VAT rate- 16% | |
| Mauritius | The standard VAT rate is 15% | |
| Morocco | VAT rate is 20% | 7% 10% 14% |
| Nigeria | The standard VAT rate is 7.5% | |
| Oman | The VAT rate in Oman is 5% | |
| Peru | The standard VAT rate is 18% | |
| Russia | VAT rate- 20% | 10% |
| Saudi Arabia | VAT- 15% | |
| Taiwan | VAT rate- 5% | |
| Tanzania | The standard VAT rate is 18% | |
| Tunisia | The standard VAT rate is 19% | 7%, 13% |
| Turkey | VAT rate- 20% | 10%, 1% |
| Ukraine | VAT rate- 20% | 7%, 14% |
| Uganda | The standard VAT rate is 18% | |
| Uruguay | The standard VAT rate is 22% | 10% |
| Uzbekistan | VAT rate- 12% | |
| Vanuatu | The standard VAT rate is 15% |
VAT & Sales Tax
VAT is collected at every stage of production or distribution, while sales tax is applied only when the final consumer makes a purchase. VAT aims to tax the value added at each stage of the supply chain process, whereas sales tax is levied on the final price.
- Tax Structure: Value-added tax (VAT) is a multi-stage tax, while sales tax is levied on the final consumer.
- Calculation: VAT is calculated at each stage of production, while sales tax is calculated on the total selling value at the final point of sale.
- Tax collection: Businesses collect taxes from their customers and remit the tax to the government, while sales tax is collected by the seller directly from the end consumer.
Note: VAT is considered a more equitable tax as it is distributed across different stages of production. On the other hand, sales tax directly affects low-income individuals.
Input & Output Tax
Input tax is the VAT paid by a business on its purchases, while output tax is the VAT collected on its sales. The business can usually deduct the input tax from the output tax, and remit the difference to the tax authority.
How does VAT affect International Trade?
VAT can affect international trade, as it is applied to imports and exports. Exported goods are usually zero-rated (taxed at a rate of 0%), while imported goods are subject to VAT upon entry into the importing country. This may affect the competitiveness of goods in international markets.
FAQs
VAT stands for Value Added Tax. It is a consumption tax levied on the value added to goods and services at each stage of production or distribution. Businesses collect VAT on sales and offset it against VAT paid on purchases.
VAT is usually paid by consumers when purchasing goods or services. However, businesses are responsible for collecting and remitting taxes to the government.
No, VAT rates and rules differ from country to country. Different countries may have different VAT rates, exemptions and limits.
Yes, many countries use multiple VAT rates. They can impose lower rates on essential goods and services and higher rates on luxury goods. Some goods may also be exempted from VAT.
In many countries, businesses are required to register for VAT when they reach a certain threshold. However, small businesses may be exempt from VAT registration.
Yes, if a business’s input tax is more than its output tax, it can claim a refund for the VAT paid on its purchases. This is known as input tax credit.
VAT can affect consumers by increasing the prices of goods and services they purchase. The effect may be regressive, as it may adversely affect low-income individuals.
Conclusion
This is an online VAT calculator where you have to enter the amount and VAT rate. But, if you want to exclude VAT from the amount then select Exclude VAT. It calculates very fast and efficiently without any error, which helps in saving your precious time. Apart from this, we have also provided a manual VAT calculation process and country-wise VAT rate, which makes it easier for you.