Calculator, From Net to Gross Value: Add the VAT of 22% (Value Added Tax Rate) to the Net Amount (Value Without VAT, excluding Tax) of 3,650. Calculate the Gross Amount (With Tax Included) and the Value Added Tax Amount
Add 22% VAT to the Net Amount of 3,650. 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 =
3,650 + 22% × 3,650 =
(1 + 22%) × 3,650 =
(100% + 22%) × 3,650 =
122% × 3,650 =
122/100 × 3,650 =
122 ÷ 100 × 3,650 =
1.22 × 3,650 =
4,453
2. Calculate the VAT Amount that was added to the Net Amount
Formula:
VAT Amount =
Gross Amount - Net Amount
Calculation:
4,453 - 3,650 =
803
Gross Amount = 4,453
VAT Amount = 803
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 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.