VAT Calculator, Net to Gross: Add 31% Value Added Tax Rate to 25.22 Net Amount, Sum in Pound or Euro

Calculate the Gross Amount Price and the VAT Amount

Net to Gross: Add 31% VAT to the Net Amount 25.22 Pound, Euro. Meaning of 1 + 31% VAT Rate. Formula and Step by Step Calculations Below

VAT. Gross Amount. Net Amount.

  • VAT = Value Added Tax is a tax charged of each economic agent involved in the business cycle and transferred to the state budget. VAT is charged as a percentage (VAT rate) of value and added at every level of production of a good.
  • VAT Rate = 31%
  • Net Amount = 25.22 (Pound, Euro) = The amount of money without VAT (excluding VAT)
  • Gross Amount = The amount of money with VAT included (including VAT)
  • Gross Amount = Net Amount + VAT Amount

1. Calculate the Gross Amount:

  • Formula:
  • 1) VAT Amount = VAT Rate × Net Amount
  • 2) Gross Amount = Net Amount + VAT Amount
  • ...
  • ⇒ Substitute for the VAT Amount in the Gross Amount formula:
  • Gross Amount = Net Amount + VAT Rate × Net Amount
  • ...
  • Please see that the Net Amount is a common factor:
  • Gross Amount = Net Amount + VAT Rate × Net Amount
  • Gross Amount = (1 + VAT Rate) × Net Amount
  • ...
  • Note: 1 = 100 ÷ 100 = 100/100 = 100%

Calculation:

Gross Amount =


25.22 + 31% × 25.22 =


(1 + 31%) × 25.22 =


(100% + 31%) × 25.22 =


131% × 25.22 =


131/100 × 25.22 =


131 ÷ 100 × 25.22 =


1.31 × 25.22 =


33.0382 ≈


(Rounded off to max. 2 decimals)
33.04

2. Calculate the VAT Amount that was added to the Net Amount

  • Formula:
  • VAT Amount = Gross Amount - Net Amount
  • The VAT Amount, charged by the operators, is transferred to the state budget.

Calculation:

33.0382 - 25.22 =


7.8182 ≈


(Rounded off to max. 2 decimals)
7.82


Gross Amount ≈ 33.04
VAT Amount ≈ 7.82

How to Add the Value Added Tax (VAT) to the Net Amount (Without Tax).

Calculate the Gross Amount (With Tax Included).

Examples of calculations, adding VAT to the Net Amount:

VAT (Value Added Tax): what is it?

VAT is a tax charged of each economic agent involved in the business cycle of manufacturing of a product or providing a service within the scope of taxation. VAT, charged by the operators, is transferred to the state budget.

Value-added tax (VAT) is charged as a percentage of the value, added at every level of production of a good. A cider maker would pay a percentage of the difference between what they charge for cider and what they pay for apples. Put differently; this is a tax on company's gross margins, rather than just the end user.

There are standard VAT rates in effect, for example the standard VAT rate could be 20%, and some reduced rates could be 9% and 5% respectively, but they depend on each country.