The VAT calculator enables you to enter a list of amounts and have the VAT calculated, the grand totals are also displayed.
You can enter any combination of 2 figures to calculate the other 2 figures associated with the The VAT calculation.
For example, you can find the vat content of an amount by entering the VAT rate and Total.
The VAT calculator can also be used to see the effects of different VAT rates.
VAT amount = nett amount x (VAT rate / 100)
Total = nett amount + VAT amount
VAT amount = total - nett amount
VAT rate = (VAT amount / nett amount) x 100
Nett amount = (100 / VAT rate) * VAT amount
Nett amount = total / (1 + (VAT rate / 100 ))
Nett amount = total - VAT amount