Calculate the Value Added Tax (VAT) for any amount with step-by-step breakdown
Learn how to use the VAT Calculator and understand the calculation principles
Value Added Tax (VAT) is a consumption tax placed on a good or service when a value is added. In this calculator, VAT is calculated as:
VAT = Base Amount × VAT Rate
This means if you have a product that costs $100 with a 20% VAT rate, the VAT would be $20, making the total price $120.
If you purchase a product for $85 with a standard VAT rate of 21%, the calculation would be: