VAT/GST Calculator
Calculates an amount by adding or excluding Value Added Tax (VAT) or Goods and Services Tax (GST).
Calculates the total and tax amount by adding tax to the entered amount.
Guide to Using the VAT/GST Calculator
What is VAT/GST?
Value Added Tax (VAT) or Goods and Services Tax (GST) is an indirect tax imposed on the value added at each stage of production and distribution of goods and services. The final consumer bears the tax, which is included in the price of the goods, and it is a major tax system adopted by many countries worldwide.
How to Use It
1. Enter the amount you want to calculate in the 'Amount' field.
2. Enter the applicable tax rate for the country or product as a number in the 'Rate (%)' field (e.g., enter 10 for 10%).
3. Select the 'Calculation Method'. Choose 'Add Tax' to add tax to the entered amount, or 'Exclude Tax' to separate the tax from the entered amount.
4. Press the 'Calculate' button to instantly see the net amount, tax amount, and total amount.
Key Features
Tax-Inclusive Calculation: Calculates the tax amount and total amount based on the net amount (pre-tax).
Tax-Exclusive Calculation: Calculates and separates the net amount and tax amount from the total amount (post-tax).
Flexible Rate Application: Allows for free calculation according to the VAT/GST rates of any country in the world.
Why You Need This Calculator
Anyone, including business owners, accountants, and international online shoppers, can handle complex tax calculations quickly and accurately. It helps in accurate pricing, cost management, and tax reporting by clearly identifying the tax included in transaction amounts. It is also useful for comparing the actual cost of goods and services by applying the tax rates of different countries.