If you read up about VAT, you’ll soon find it has its supporters and its opponents – much like any other tax you can think of. Some say it is a progressive tax, but others think the opposite. So, which one is true?
Instantly calculate the VAT contained within a total amount, or the VAT charged on a net amount.
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If you have a business you will certainly have a need to know about various aspects of VAT. But even if you don’t own a business you will still benefit from finding out more about VAT – as you will see right now. Take the time to explore the site; you’ll be amazed at how much you can find out.
The value added tax calculator couldn’t be any easier to use. Just select the rate of VAT you want to know about and enter the amount you have in mind in the box provided. If that amount is inclusive of VAT tick the box; if it isn’t and you want to add it, leave the box blank. All you have to do then is to click the ‘calculate’ button and you will find out everything you need to know as the answers appear right in front of you. It couldn’t be any easier!