VAT Calculator Bangladesh | Standard VAT Rate is 15%
The standard VAT Rate in Bangladesh is 15%. Now you can calculate the vat bill with our Vat Calculator Bangladesh.
VAT Calculator Bangladesh
If you’re a proprietor of your own business or buying products in Bangladesh knowing Value Tax (VAT) is crucial. The average TVA rate of Bangladesh is 15 percent however, not all products and services are taxed in this manner. Utilizing the help of our Bangladesh VAT calculator You can quickly determine VAT-exclusive or VAT-inclusive rates using actual rates.
How to Use the VAT Calculator Bangladesh
VAT Calculation Formulas
The way that VAT can be calculated is as follows: Bangladesh:
To Add VAT:
Tax Amount = (Original Cost x VAT%) / 100 Net Price = Original Cost + Tax Amount
To Remove VAT:
Tax Amount = Original Cost - (Original Cost x (100 / (100 + VAT %))) Net Price = Original Cost - Tax Amount
These formulas let you:
Find out the basis price before VAT if VAT is already included
Calculate the cost of the item after VAT is added.
Bangladesh VAT Rates Table
Vat Rate | Vat Description |
0% | Zero Rated |
1.5% | Reduced Rate – Land development |
2.25% | Reduced Rate – Hospital and cleaning services |
4.5% | Reduced Rate – Legal advisory services |
5% | Reduced Rate – Domestic electricity supply |
7.5% | Reduced Rate – Commercially rented space and machinery |
10% | Reduced Rate – Advertising; rented shops (above 300 square meters) |
15% | Standard Rate |
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Your good or service will be added to the Bangladesh VAT Table by the Bangladesh VAT Calculator. Then, if needed, you can add more goods and/or services. You may examine the overall costs of goods, products, and services in Bangladesh, inclusive and exclude of VAT, by updating the sum each time you enter new information.