Tax extractor calculator: extract tax, calculate tax free value, plus formula and explanation

Extract tax, calculate value without charge (tax free value)

Latest values with extracted tax (for each the value without tax is calculated, tax free, plus the amount of the tax)

Extract 21% tax from 18,500Jan 17 04:42 UTC (GMT)
Extract 19% tax from 100Jan 17 04:04 UTC (GMT)
Extract 14% tax from 206.15Jan 16 23:31 UTC (GMT)
Extract 13% tax from 206.15Jan 16 23:31 UTC (GMT)
Extract 12% tax from 206.15Jan 16 23:31 UTC (GMT)
Extract 11% tax from 206.15Jan 16 23:31 UTC (GMT)
Extract 18% tax from 206.15Jan 16 23:31 UTC (GMT)
Extract 19% tax from 206.15Jan 16 23:30 UTC (GMT)
Extract 20% tax from 52.2Jan 16 19:59 UTC (GMT)
Extract 20% tax from 100Jan 16 19:49 UTC (GMT)
Extract 50% tax from 100Jan 16 18:30 UTC (GMT)
Extract 20% tax from 4,595Jan 16 18:12 UTC (GMT)
Extract 20% tax from 4,070.034Jan 16 17:18 UTC (GMT)

Extract tax from value.

How to calculate the value without charge (tax free value, value with no fee)? How to extract tax from a value with tax included?

  • Tax included value = Tax free value + Tax value
  • Tax value = Tax% * Tax free value
  • Tax included value = Tax free value + Tax% * Tax free value = (1 + Tax%) * Tax free value
  • In conclusion:

    Tax included value = (1 + Tax%) * Tax free value ... if we know the Tax free value

    Tax free value = Tax included value / (1 + Tax%) ... if we know the Tax included value

Examples of tax calculations:

  • If tax rate is 20%, (1 + Tax%) = 1 + 20% = 100/100 + 20/100 = 120/100 = 1.2 => Tax included value = 1.2 * Tax free value, and Tax free value = Tax included value / 1.2
  • If tax rate is 5%, (1 + Tax%) = 1 + 5% = 100/100 + 5/100 = 105/100 = 1.05 => Tax included value = 1.05 * Tax free value, and Tax free value = Tax included value / 1.05
  • If tax would be 124% (...!!!), (1 + Tax%) = 1 + 124% = 100/100 + 124/100 = 224/100 = 2.24 => Tax included value = 2.24 * Tax free value, and Tax free value = Tax included value / 2.24

Need to extract tax from other values? Click here