How to Use a VAT Refund Calculator

Now you can calculate tax with our Vat Refund Calculator

How to Use a VAT Refund Calculator

  1. Select Your Country
    • The calculator will load automatically the most appropriate VAT rate for the chosen country.
  2. Enter the Amount
    • Enter or input your Net sum (before tax) or the gross amount (after VAT) depending on your situation.
  3. Choose Your Action
    • Select either:
      • + Tax (to determine the sum including VAT)
      • Get rid of Tax (to determine the price of the base and the amount of VAT from a price that is VAT inclusive)
  4. Click “Calculate”
    • The tool will display:
      • It is the taxes amount
      • Net price is the Net Price
      • The gross price (if applicable)

Manual VAT Refund Calculator Formulas

> 1. Add VAT (When You Want to Add VAT to Net Price)

  • Formula:
  • VAT Amount = (Original Cost x VAT%) / 100 Total Price = Original Cost + VAT Amount
  • Example:
    • VAT Rate: 15%
    • Original Cost: R1,000
    • VAT Amount = (1000 x 15) / 100 = R150
    • Total (Including VAT) = R1,150

2. Remove VAT (From a VAT-Inclusive Price)

  • Formula:
  • VAT Amount = Original Cost - (Original Cost x (100 / (100 + VAT %))) Net Price = Original Cost - VAT Amount
  • Example:
    • VAT Rate: 15%
    • Total (Incl. VAT): R1,150
    • VAT Amount = 1150 – (1150 x (100 / 115)) = R150
    • Net Price = R1,000

When Is This Useful?

  • Tourists looking to apply for VAT rebates at airports
  • Business that reconcile input VAT with output VAT
  • Web sellers disaggregating prices for invoices