Value Added Tax: Recalculate Gross Amounts and Prices, With Tax Included, From Original VAT Rates to New Ones. Also Calculate Net Amounts, Without Tax, and the Values 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

1,950 recalculated from 20% initial tax to 9% new tax = 1,771.25 Jun 27 00:02 UTC (GMT)
656 recalculated from 19% initial tax to 15% new tax = 633.95 Jun 27 00:01 UTC (GMT)
1 recalculated from 9% initial tax to 31% new tax = 1.2 Jun 27 00:01 UTC (GMT)
180 recalculated from 19% initial tax to 5% new tax = 158.82 Jun 27 00:01 UTC (GMT)
720 recalculated from 20% initial tax to 28% new tax = 768 Jun 27 00:01 UTC (GMT)
390 recalculated from 20% initial tax to 25% new tax = 406.25 Jun 27 00:01 UTC (GMT)
446 recalculated from 8.25% initial tax to 15% new tax = 473.81 Jun 27 00:01 UTC (GMT)
434 recalculated from 2% initial tax to 6% new tax = 451.02 Jun 27 00:01 UTC (GMT)
774 recalculated from 0% initial tax to 18% new tax = 913.32 Jun 27 00:01 UTC (GMT)
0.148 recalculated from 32% initial tax to 15% new tax = 0 Jun 27 00:00 UTC (GMT)
9,000 recalculated from 20% initial tax to 12% new tax = 8,400 Jun 26 23:59 UTC (GMT)
224 recalculated from 15.5% initial tax to 48% new tax = 287.03 Jun 26 23:59 UTC (GMT)
4,040 recalculated from 20% initial tax to 25% new tax = 4,208.33 Jun 26 23:58 UTC (GMT)
All the Gross Amounts Recalculated With New VAT Rates

Calculate the Gross Amount (With Tax Included) With Different, 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.