Reverse VAT Calculator, Gross to Net: Remove VAT From Gross Amount (Tax Including) To Calculate the Net (Tax Excluding)

Calculate the Net Amount and the Value of the Removed VAT, Backwards. 1 + VAT Rate % Meaning

Take the VAT Off of the Gross Amount (With Tax), Calculate Net Amount

Net Amount (Tax free value) = Gross Amount (Tax inclusive value) ÷ (1 + Tax%)

Latest operations where VAT was subtracted (extracted, deducted) from the Gross Amounts.

Take the Value Added Tax (VAT) Off the Gross Amount (With Tax Included).

Calculate the Net Amount (Without Tax) Backwards.

Examples of calculations:

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. For example, a cider maker would pay a percentage of the difference between of 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 10% and 5% respectively, but they depend on each country.