ToolNest

Sales Tax / VAT Calculator

Add or remove tax from a priceRuns locally · nothing uploaded

Net amount
1,076.19
Tax
53.81
Gross total
1,130

Results are estimates for reference only and are not financial, lending or tax advice. Confirm actual rates and taxes with your lender or tax authority.

How it works

When to use it

  • Split a tax-inclusive price into net amount and tax.
  • Add sales tax or VAT to a net price.

Formula

Net = gross ÷ (1 + rate)
Tax = net × rate = gross − net
Gross = net × (1 + rate)

Worked example

Given: Gross price 120 at 20% VAT

  1. Net = 120 ÷ 1.20 = 100.
  2. VAT = 100 × 20% = 20.

Result: 120 = 100 net + 20 VAT. Taking 20% of 120 (= 24) is a common mistake.

Reading the result

  • To remove tax from a gross price, divide by (1 + rate); don't subtract rate × gross.

Limitations

  • US sales tax is set by state, county and city and can stack. Check your local combined rate.
  • Some goods are reduced-rate or exempt; rules change, so confirm with your tax authority.

How to use

  1. 1Choose whether the amount includes tax.
  2. 2Enter the amount and the tax rate.
  3. 3Read the net amount, tax and gross total.

FAQ

How do I remove tax from a price?

Net = gross ÷ (1 + rate). Tax = gross − net.

Which rate should I use?

Rates depend on your country, state and product category. Check your local tax authority.