Adding 20 % VAT
Net 100.00 at 20 %: VAT 20.00, gross 120.00.
VAT calculator
Enter an amount and the VAT rate that applies to you: PRAXAO instantly shows the net amount, the tax and the gross amount. Switch between adding VAT to a net price and removing VAT from a price that already includes it.
Result
Fill in the fields to see the result.
Your last inputs are kept in this browser.
Results are provided for information. Check tax rates and legal requirements that apply to you.
How to use it
- Choose “Add VAT” if your amount excludes tax, or “Remove VAT” if it already includes it.
- Enter the amount and select the currency.
- Enter the VAT rate that applies to your product or service.
- Read the net amount, the VAT and the gross amount; copy the result if you need it.
Examples
Extracting VAT from a price
Gross 50.00 at 20 %: net 41.67, VAT 8.33 — the two always add up to the price you entered.
Frequently asked questions
How do I remove VAT from a price?
Divide the gross price by (1 + rate). For 120 at 20 %, 120 ÷ 1.20 = 100 net, and the VAT is 20. Choose “Remove VAT” and PRAXAO does it for you.
Why is VAT not simply the rate applied to the gross price?
The rate applies to the net price. Taking 20 % of a gross price of 120 gives 24, which is wrong; the VAT included in 120 at 20 % is 20.
Which VAT rate should I use?
Rates depend on the country and on the product or service (standard, reduced, zero). PRAXAO does not assume a rate: enter the one that applies to your situation.
How are amounts rounded?
The tax is rounded once to the smallest unit of your currency (cents for euros and dollars), and the other amount is derived so that net + VAT always equals gross.
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