Toolyard

VAT Calculator

How to add or remove VAT

  1. Choose whether the price is net (without VAT) or gross (with VAT).
  2. Enter the price and the VAT or GST rate.
  3. See the VAT and the net and gross prices.

Frequently asked questions

How do I take VAT out of a price?

Divide the gross price by 1 plus the rate. At 20%, a gross price of 120 is 120 / 1.2 = 100 net, with 20 of VAT.

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