FinanceApp
All Tools
Free Tool

VAT Calculator

Calculate Value Added Tax for 20+ countries. Add or remove VAT from any amount instantly.

Add VAT

£
🇬🇧

United Kingdom VAT (20%)

Net Amount (excl. VAT)£1,000
VAT Amount (20%)£200
Gross Amount (incl. VAT)£1,200

VAT Rates by Country

About VAT

Value Added Tax (VAT) is a consumption tax placed on products and services at each stage of the supply chain where value is added. VAT rates vary significantly between countries.

  • EU Countries: Generally 17-27%
  • UK: Standard rate 20%
  • Switzerland: Lower at 7.7%
  • UAE/Saudi: 5-15%

Related Tools

GST Calculator

Calculate GST (Goods and Services Tax) for India. Add or remove GST from any amount instantly.

Open Calculator

Income Tax Calculator

Calculate your income tax based on Indian tax slabs. Supports both old and new tax regimes.

Open Calculator

TDS Calculator

Calculate Tax Deducted at Source for various income types. Supports all TDS sections.

Open Calculator

Currency Converter

Convert between multiple currencies with real-time exchange rates. Supports USD, INR, EUR, GBP, and more.

Open Calculator

Learn About VAT

What is VAT?

Value Added Tax (VAT) is a type of indirect tax applied to goods and services. Unlike sales tax, VAT is collected at each stage of the production and distribution chain, but only on the value added at each stage.

How VAT Works

When you purchase goods or services, VAT is typically included in the price. Businesses collect VAT from customers and remit it to the government, claiming back the VAT they paid on their own purchases.

VAT vs GST

VAT

Common in the EU and UK

GST

Used in India, Australia, and Canada

The main difference is in how they are administered and the specific rules that apply.