VAT – GST Tax Calculations
All Prices are displayed with your local taxes VAT (GST) included. Be sure to select your own Country of Purchase from the drop-down list (top of some pages, in the Footer and at Chechout) to display your correct EU VAT rate.
How to calculate your VAT Taxes?
How to calculate VAT
Adding VAT to net amount:
Easy deal. Simply multiply the net amount by 1 + VAT percentage (i.e. multiply by 1.15 if VAT is 15%) and you’ll get the gross amount. Or multiply by VAT percentage to get the VAT value.
Excluding VAT from gross sum:
VAT calculation formula for VAT exclusion is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including eurocents). The last two operations are not mandatory since you see the VAT value even before you do them.
- Read more about VAT tax on Wikipedia.
FIND YOUR REDUCED EU VAT RATE HERE