Tax / VAT Calculator
Add or extract VAT/tax instantly โ exclusive and inclusive modes, with a rate-sensitivity breakdown.
Add or extract VAT/tax instantly โ exclusive and inclusive modes, with a rate-sensitivity breakdown.
Base amount
US$1,000.00
Tax amount
US$150.00
Total amount
US$1,150.00
Effective rate
13.04%
A Tax/VAT calculator quickly works out tax on a transaction. In Exclusive mode, tax is added on top of the entered price; in Inclusive mode, tax is separated out of a tax-inclusive total.
๐ข Your calculation, step by step:
Amount (base) = 1,000, Rate = 15%Tax = 1,000 ร 15/100 = 150Total = 1,000 + 150 = 1,150Variable Definitions:
โ Best used for:
โ ๏ธ Limitations:
VAT (Value Added Tax) is an indirect tax charged by the government on goods or services. The seller collects it and remits it to the government. More than 170 countries operate a VAT system.
The amount you enter is the pre-tax base. Example: Base = 1000, Rate = 15% โ Tax = 150, Total = 1150.
The amount you enter already includes tax. Example: Total = 1150, Rate = 15% โ Base = 1000, Tax = 150.
Effective Rate = (Tax รท Total) ร 100 โ the share of the final price that is tax.