Calculator, From Net to Gross Value: Add the VAT of 17% (Value Added Tax Rate) to the Net Amount (Value Without VAT, excluding Tax) of 1,240.8. Calculate the Gross Amount (With Tax Included) and the Value Added Tax Amount
Add 17% VAT to the Net Amount of 1,240.8. Calculations Below
Gross Amount. Net Amount.
Gross Amount = The amount with VAT included (including VAT)
Net Amount = The amount without VAT (excluding VAT)
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) =
(1 + VAT Rate) × Net Amount
1 = 100 ÷ 100 = 100/100 = 100%
Calculation:
Gross Amount =
1,240.8 + 17% × 1,240.8 =
(1 + 17%) × 1,240.8 =
(100% + 17%) × 1,240.8 =
117% × 1,240.8 =
117/100 × 1,240.8 =
117 ÷ 100 × 1,240.8 =
1.17 × 1,240.8 =
1,451.736 ≈
(Rounded off to a maximum of 2 decimals)
1,451.74
2. Calculate the VAT Amount that was added to the Net Amount
Formula:
VAT Amount =
Gross Amount - Net Amount
Calculation:
1,451.736 - 1,240.8 =
210.936 ≈
(Rounded off to a maximum of 2 decimals)
210.94
Gross Amount ≈ 1,451.74
VAT Amount ≈ 210.94
Used symbols: % percent, ÷ divide, × multiply, = equal, / fraction bar, ≈ approximately equal
Writing numbers: comma ',' as thousands separator; point '.' as a decimal mark.
More Operations of Adding VAT to the Net Amounts:
Add VAT to the Net Amount (Without Tax), Calculate Gross Amount
VAT including value (Gross Amount) = VAT excluding value (Net Amount) × (1 + Tax%)
The latest operations: VAT added to the Net Amounts (Without Tax, VAT excluding).
| Add 17% VAT to the Net Amount (value without VAT) of 1,240.8 | Oct 15 09:34 UTC (GMT) |
| Add 38% VAT to the Net Amount (value without VAT) of 60.64 | Oct 15 09:34 UTC (GMT) |
| Add 19% VAT to the Net Amount (value without VAT) of 249,977.93 | Oct 15 09:34 UTC (GMT) |
| Add 46% VAT to the Net Amount (value without VAT) of 1,257.02 | Oct 15 09:34 UTC (GMT) |
| Add 10% VAT to the Net Amount (value without VAT) of 16.43 | Oct 15 09:34 UTC (GMT) |
| Add 13% VAT to the Net Amount (value without VAT) of 3,578.51 | Oct 15 09:34 UTC (GMT) |
| Add 8% VAT to the Net Amount (value without VAT) of 38,400 | Oct 15 09:34 UTC (GMT) |
| Add 10% VAT to the Net Amount (value without VAT) of 2,816.19 | Oct 15 09:34 UTC (GMT) |
| Add 48% VAT to the Net Amount (value without VAT) of 1,922.6 | Oct 15 09:34 UTC (GMT) |
| Add 3% VAT to the Net Amount (value without VAT) of 31,725 | Oct 15 09:34 UTC (GMT) |
| Add 15% VAT to the Net Amount (value without VAT) of 18,375 | Oct 15 09:34 UTC (GMT) |
| Add 32% VAT to the Net Amount (value without VAT) of 79,293.1 | Oct 15 09:34 UTC (GMT) |
| Add 12.6% VAT to the Net Amount (value without VAT) of 488.89 | Oct 15 09:34 UTC (GMT) |
| All the operations where VAT was added to the Net Amounts (Without Tax). |
Add the Value Added Tax (VAT) to the Net Amount (Without Tax).
Calculate the Gross Amount (With Tax Included).
- Gross Amount = Net Amount + Tax Amount
- Tax Amount = Tax% × Net Amount
- Gross Amount = Net Amount + Tax% × Net Amount = (1 + Tax%) × Net Amount
- In conclusion:
Gross Amount = (1 + Tax%) × Net Amount ... if we know the Net Amount
Net Amount = Gross Amount ÷ (1 + Tax%) ... if we know the Gross Amount
Examples of calculations:
- If Tax rate is 20%, (1 + Tax%) = 1 + 20% = 100/100 + 20/100 = 120/100 = 1.2 => Tax included value = 1.2 × Net Amount, and Net Amount = Tax included value ÷ 1.2;
- If Tax rate is 9%, (1 + Tax%) = 1 + 9% = 100/100 + 9/100 = 109/100 = 1.09 => Tax included value = 1.09 × Net Amount, and Net Amount = Tax included value ÷ 1.09;
- If Tax rate is 5%, (1 + Tax%) = 1 + 5% = 100/100 + 5/100 = 105/100 = 1.05 => Tax included value = 1.05 × Net Amount, and Net Amount = Tax included value ÷ 1.05;
VAT (Value Added Tax)
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.