# Calculator: Extract, Take VAT Off the Gross Amount (With Tax Included). Calculate Net Amount (Without Tax) Backwards. Formula, Explanation

## Latest operations where VAT was taken off the gross amounts.

 Extract 24% tax off 55,000 Oct 31 17:29 UTC (GMT) Extract 24% tax off 55,000 Oct 31 17:29 UTC (GMT) Extract 21% tax off 7,304 Oct 31 17:29 UTC (GMT) Extract 8% tax off 3,404,514 Oct 31 17:29 UTC (GMT) Extract 8% tax off 3,404,514 Oct 31 17:29 UTC (GMT) Extract 4% tax off 806 Oct 31 17:29 UTC (GMT) Extract 4% tax off 806 Oct 31 17:29 UTC (GMT) Extract 21% tax off 16,999 Oct 31 17:29 UTC (GMT) Extract 21% tax off 16,999 Oct 31 17:29 UTC (GMT) Extract 10% tax off 35.97 Oct 31 17:29 UTC (GMT) Extract 10% tax off 35.97 Oct 31 17:29 UTC (GMT) Extract 22% tax off 1.76 Oct 31 17:29 UTC (GMT) Extract 28% tax off 53,715.54 Oct 31 17:28 UTC (GMT) All the operations where VAT was taken off the gross amounts

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

### Calculate the Net Amount (Without Tax) Backwards.

• Gross Amount = Net Amount + Tax Amount
• Tax Amount = Tax% × Net Amount
• Gross Amount = Net Amount + Tax% × Net Amount = (1 + Tax%) × Net Amount
• In conclusion:

### Examples of calculations:

• If VAT was 20%, (1 + Tax%) = 1 + 20% = 100/100 + 20/100 = 120/100 = 1.2 => Gross Amount = 1.2 × Net Amount, and Net Amount = Gross Amount ÷ 1.2;
• If VAT was 9%, (1 + TVA%) = 1 + 9% = 100/100 + 9/100 = 109/100 = 1.09 => Gross Amount = 1.09 × Net Amount, and Net Amount = Gross Amount ÷ 1.09;
• If tax rate was 5%, (1 + Tax%) = 1 + 5% = 100/100 + 5/100 = 105/100 = 1.05 => Gross Amount = 1.05 × Net Amount, and Net Amount = Gross Amount ÷ 1.05;