Reverse Calculator, Gross to Net Amount: Extract, Subtract, Take the VAT of 19% Value Added Tax Rate Off of the Gross Amount of 378 (Tax Included). Calculate the Net Amount (Without Tax, VAT excluded) and the Value of the Deducted (Removed) VAT, Backwards
From the Gross Amount of 378 to the Net Amount. Detailed answer
Note:
Gross Amount = The amount with VAT included (including VAT)
Net Amount = The amount without VAT (excluding VAT)
The VAT Rate value can be written in several equivalent ways:
19% = 19/100 = 19 ÷ 100
1. Rewrite the Gross Amount.
Formula:
VAT Amount = VAT Rate × Net Amount
Gross Amount = Net Amount + VAT Amount
⇒ Substitute for the VAT Amount in the Gross Amount formula
Gross Amount =
Net Amount + VAT Amount =
Net Amount + (VAT Rate × Net Amount) =
Net Amount × (1 + VAT Rate)
2. Calculate the Net Amount:
Formula:
Gross Amount = Net Amount × (1 + VAT Rate)
⇒ Net Amount = Gross Amount ÷ (1 + VAT Rate)
Calculation:
Net Amount =
378 ÷ (1 + 19%) =
378 ÷ (1 + 19/100) =
378 ÷ (1 + 19 ÷ 100) =
378 ÷ (1 + 0.19) =
378 ÷ 1.19 ≈
317.647058823529 ≈
317.65
(Rounded off to a maximum of 2 decimals)
3. Calculate the Amount of VAT Deducted (Extracted, Subtracted):
Formula:
VAT Amount =
Gross Amount - Net Amount
Calculation:
VAT Amount =
378 - 317.647058823529 =
60.352941176471 ≈
60.35
(Rounded off to a maximum of 2 decimals)
Net Amount ≈ 317.65
VAT Amount ≈ 60.35
Used symbols: % percent, ÷ divide, × multiply, = equal, / fraction bar, ≈ approximately equal
Writing numbers: comma ',' as thousands separator; point '.' as a decimal mark.
More operations of this kind:
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 taken off the gross amounts.
| Subtract 19% VAT from the Gross Amount of 378 (value with tax, VAT included) | May 01 19:29 UTC (GMT) |
| Subtract 15% VAT from the Gross Amount of 1,517 (value with tax, VAT included) | May 01 19:29 UTC (GMT) |
| Subtract 20% VAT from the Gross Amount of 10.14 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 30% VAT from the Gross Amount of 669.25 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 22% VAT from the Gross Amount of 234.5 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 21% VAT from the Gross Amount of 2,201 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 19% VAT from the Gross Amount of 8,189.98 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 9% VAT from the Gross Amount of 90 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 21% VAT from the Gross Amount of 110,000 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 31% VAT from the Gross Amount of 78.05 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 15% VAT from the Gross Amount of 49.9 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 7.7% VAT from the Gross Amount of 3 (value with tax, VAT included) | May 01 19:28 UTC (GMT) |
| Subtract 9% VAT from the Gross Amount of 55 (value with tax, VAT included) | May 01 19:28 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:
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 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;
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.