Vat Calculator Tanzania- Vat Rate in Nigeria is 18%
The Standard VAT Rate in Tanzania is 18%. Now you can calculate the vat bill with our Vat Calculator Tanzania.
VAT Calculator Tanzania
How to calculate vat on our Tanzania calculator
How to calculate value-added tax in Tanzania
Formula:
Add Tax
Tax Amount = ( Original Cost * VAT% ) / 100
Net Price = Original Cost + Tax Amount
Remove Tax
Tax Amount = Original Cost – ( Original Cost * ( 100 / ( 100 + VAT% ) ) )
Net Price = Original Cost – Tax Amount