Can Someone Share the VAT Calculation Formula?

[Sajid Eric]

Hey folks!, VAT calculations got me scratching my head. ? Anyone out there with the deets on VAT formulas? ? Drop your knowledge below and rescue me (and others) from the VAT confusion! . I'm a web developer and want to create a website like this one https://calculatethevat.com/, but I've no knowledge about vat and its forumla. Can anyone help me out in this?, Let's decode the math together! ?

 

[stapel]

Hey folks!, VAT calculations got me scratching my head. ? Anyone out there with the deets on VAT formulas? ? Drop your knowledge below and rescue me (and others) from the VAT confusion! . I'm a web developer and want to create a website like this one https://calculatethevat.com/, but I've no knowledge about vat and its forumla. Can anyone help me out in this?, Let's decode the math together! ?

Google is your friend.

 

[scottbrandon]

Hey folks!, VAT calculations got me scratching my head. ? Anyone out there with the deets on VAT formulas? ? Drop your knowledge below and rescue me (and others) from the vat calculator online confusion! . I'm a web developer and want to create a website like this one, but I've no knowledge about vat and its forumla. Can anyone help me out in this?, Let's decode the math together! ?

Hey! VAT calculations are pretty simple once you get the hang of it. To add VAT to a price, you multiply the original price by (1 + VAT rate). For example, if the VAT rate is 20%, you would multiply the price by 1.20 to get the final amount including VAT. If you want to remove VAT from a price that already includes it, you divide the total price by (1 + VAT rate). For 20% VAT, that would be dividing the price by 1.20. For your website, you can use these formulas to calculate VAT or reverse it.

 

[Somillow]

Hey! VAT calculations are pretty simple once you get the hang of it. To add VAT to a price, you multiply the original price by (1 + VAT rate). For example, if the VAT rate is 20%, you would multiply the price by 1.20 to get the final amount including VAT. If you want to remove VAT from a price that already includes it, you divide the total price by (1 + VAT rate). For 20% VAT, that would be dividing the price by 1.20. For your website, you can use these formulas to calculate VAT or reverse it.

This is a very clear and simple explanation. It's just what I need. Thank you.