VAT Calculator
How to Use the Tool
- Enter the Amount: Input the base amount (e.g., the price of an item) in the “Amount” field.
- Enter the VAT Percentage: Input the VAT rate (e.g., 20% for a 20% VAT).
- Choose a VAT Option:
- Include VAT: Select this if the entered amount already includes VAT. After removing VAT, the tool will show the VAT amount included in the price and the total amount.
- Exclude VAT: Select this if the entered amount does not include VAT and you want to add VAT to it. The tool will display the VAT added and the total amount after adding VAT.
- Both: Select this if you want to see both Include VAT and Exclude VAT calculations.
- Click Calculate: The tool will display the calculated VAT amount and total amount based on your selected option.
- Clear: Use the “Clear” button to reset all fields and start a new calculation.
Summary
This VAT Calculator tool uses basic arithmetic to add or remove VAT based on user preferences, making it flexible for both VAT-included and VAT-excluded scenarios. The tool’s responsiveness and clear interface ensure device usability, while the “Both” option provides a comprehensive VAT comparison. This tool is handy for quick VAT calculations in pricing, budgeting, and financial analysis.