VAT Calculator Notes
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What is VAT?
Value Added Tax (VAT) is a consumption tax placed on products and services at each stage of production where value is added. It's ultimately paid by the end consumer.
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VAT Rates in Europe
- UK: Standard 20%, Reduced 5%, Zero 0%
- Germany: Standard 19%, Reduced 7%
- France: Standard 20%, Reduced 10% / 5.5%
- Ireland: Standard 23%, Reduced 13.5% / 9%
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Formulas
Add VAT: Gross = Net × (1 + Rate/100)
Remove VAT: Net = Gross / (1 + Rate/100)
VAT Amount: Gross - Net