VAT: Recalculate Gross Amounts Prices (With Tax Included) From Original VAT Rates to New Ones. Calculate Net Amounts (Without Tax) and the Value Amounts of Tax

Recalculate Gross Amount (With Tax Included) with a New VAT Rate

Gross Amount = Net Value × (1 + Tax%)

Net Amount = Gross Amount ÷ (1 + Tax%)

The Latest Gross Amounts Recalculated With New VAT Rates

0.8 recalculated from 19% initial tax to 9% new tax = 0 Dec 06 18:30 UTC (GMT)
730 recalculated from 20% initial tax to 11% new tax = 675.25 Dec 06 18:30 UTC (GMT)
210 recalculated from 26% initial tax to 21% new tax = 201.67 Dec 06 18:30 UTC (GMT)
50 recalculated from 19% initial tax to 0% new tax = 42.02 Dec 06 18:29 UTC (GMT)
23.5 recalculated from 19% initial tax to 5% new tax = 20.74 Dec 06 18:29 UTC (GMT)
104 recalculated from 19% initial tax to 13% new tax = 98.76 Dec 06 18:28 UTC (GMT)
33,000 recalculated from 0% initial tax to 0.7% new tax = 33,231 Dec 06 18:27 UTC (GMT)
2,200 recalculated from 5% initial tax to 1% new tax = 2,116.19 Dec 06 18:26 UTC (GMT)
22 recalculated from 2% initial tax to 26% new tax = 27.18 Dec 06 18:26 UTC (GMT)
258 recalculated from 24% initial tax to 9% new tax = 226.79 Dec 06 18:25 UTC (GMT)
720 recalculated from 6% initial tax to 19% new tax = 808.3 Dec 06 18:25 UTC (GMT)
116 recalculated from 16% initial tax to 0% new tax = 100 Dec 06 18:25 UTC (GMT)
864 recalculated from 8% initial tax to 24% new tax = 992 Dec 06 18:24 UTC (GMT)
All the Gross Amounts Recalculated With New VAT Rates

Recalculate Gross Amounts (With Tax Incuded) With New VAT Rates

Step 1: Calculate the Net Amount (Without Tax)

  • Initial Gross Amount = Net Amount + Initial Tax Amount
  • Initial Tax Amount = Initial Tax% × Net Amount
  • Initial Gross Amount = Net Amount + Initial Tax% × Net Amount = (1 + Initial Tax%) × Net Amount
  • Initial Gross Amount = (1 + Initial Tax%) × Net Amount

    In conclusion:

    Net Amount = Initial Gross Amount ÷ (1 + Initial Tax%) =

Step 2: Add the New Tax Amount to the Net Amount

  • New Gross Amount = Net Amount + New Tax Amount
  • New Tax Amount = New Tax% × Net Amount
  • New Gross Amount = Net Amount + New Tax% × Net Amount = (1 + New Tax%) × Net Amount
  • In conclusion, New Gross Amount = (1 + New Tax%) × Net Amount = (1 + New Tax%) × Initial Gross Amount ÷ (1 + Initial Tax%) = (1 + New Tax%)/(1 + Initial Tax%) × Initial Gross Amount

    New Gross Amount = (1 + New Tax%)/(1 + Initial Tax%) × Initial Gross Amount

Examples of calculations:

  • Case 1: Initial Tax Rate = 20%, New Tax Rate = 19%

    Step 1, Calculate Net Amount:
    (1 + Initial Tax%) = 1 + 20% = 100/100 + 20/100 = 120/100 = 1.2 => Initial Gross Amount = 1.2 × Net Amount, and Net Amount = Initial Gross Amount ÷ 1.2

    Step 2, Add the New Tax Amount:
    New Gross Amount = (1 + New Tax%) × Net Amount = (1 + 19%) × Net Amount = (100/100 + 19/100) × Net Amount = 119/100 × Net Amount = 1.19 × Net Amount = 1.19 × Initial Gross Amount ÷ 1.2 = 1.19/1.2 × Initial Gross Amount
    Answer: New Gross Amount = (1.19 ÷ 1.2) × Initial Gross Amount
  • Case 2: Initial Tax Rate = 20%, New Tax Rate = 5%

    Step 1, Calculate Net Amount:
    (1 + Initial Tax%) = 1 + 20% = 100/100 + 20/100 = 120/100 = 1.2 => Initial Gross Amount = 1.2 × Net Amount, and Net Amount = Initial Gross Amount ÷ 1.2

    Step 2, Add the New Tax Amount:
    New Gross Amount = (1 + New Tax%) × Net Amount = (1 + 5%) × Net Amount = (100/100 + 5/100) × Net Amount = 105/100 × Net Amount = 1.05 × Net Amount = 1.05 × Initial Gross Amount ÷ 1.2 = 1.05/1.2 × Initial Gross Amount
    Answer: New Gross Amount = (1.05 ÷ 1.2) × Initial Gross Amount.