VAT Calculator

Calculate Value Added Tax (VAT) for European Union countries and international transactions. This calculator supports standard and reduced VAT rates used across EU member states.

Amount Information

VAT Rate Selection

VAT Summary

Pre-VAT Amount: €0.00
VAT Amount: €0.00
Total Amount: €0.00

VAT Details

VAT Rate: 0.00%
Country: None
Rate Type: Standard

EU VAT Rates

Highest Rate: Hungary (27%)
Lowest Rate: Luxembourg (17%)
EU Average: ~21%

Understanding Value Added Tax (VAT)

Value Added Tax (VAT) is a consumption tax levied on the value added to goods and services at each stage of production or distribution. It's used in over 160 countries worldwide and is the primary indirect tax system in the European Union.

How VAT Works

VAT Calculation Formula

VAT Amount = Net Price × VAT Rate

Gross Price = Net Price + VAT Amount

Net Price

Price before VAT

Excludes tax

What businesses charge each other

VAT Rate

Percentage applied to net price

Varies by country and product

Standard rates typically 17-25%

EU VAT Rate Types

Standard Rate

Applied to most goods and services:

  • General merchandise
  • Most services
  • Non-essential items
  • Typically 17-25% across EU

Reduced Rates

Lower rates for essential items:

  • Food and beverages
  • Children's clothing
  • Books and newspapers
  • Hotel accommodation
  • Typically 5-10%

EU Standard VAT Rates by Country

Country Standard Rate Reduced Rate Super Reduced
Germany 19% 7% -
France 20% 10%, 5.5% 2.1%
United Kingdom 20% 5% -
Italy 22% 10%, 5% 4%
Spain 21% 10%, 4% -
Netherlands 21% 9% -
Hungary 27% 18%, 5% -
Luxembourg 17% 14%, 8%, 3% -

VAT vs. Sales Tax

Value Added Tax (VAT)

  • Collected at each stage of production
  • Businesses can reclaim VAT paid on inputs
  • More efficient collection system
  • Used in EU and many other countries

Sales Tax

  • Collected only at final sale to consumer
  • Businesses bear the full tax burden
  • Simpler but less efficient system
  • Used primarily in the United States

VAT Registration Thresholds

Businesses must register for VAT when their taxable turnover exceeds certain thresholds. These vary by country but are typically around €10,000-€100,000 annually.

Country VAT Threshold Notes
Germany €22,000 Annual turnover threshold
France €85,800 Can opt for voluntary registration
United Kingdom £90,000 Northern Ireland: £85,000
Italy €65,000 Reduced for new businesses

VAT Returns and Compliance

VAT-registered businesses must file regular VAT returns, typically quarterly or monthly. They charge VAT on sales and reclaim VAT paid on purchases, remitting only the difference to tax authorities.

International VAT Considerations

For international transactions, VAT rules become complex. The EU has special rules for intra-community supplies, and businesses dealing with multiple countries may need to register for VAT in multiple jurisdictions.

Key Takeaways for VAT

  • VAT is collected at each stage of the supply chain
  • Businesses can reclaim VAT paid on business purchases
  • EU standard rates range from 17% (Luxembourg) to 27% (Hungary)
  • Reduced rates apply to essential goods and services
  • Registration thresholds vary by country
  • International transactions have special VAT rules
  • VAT returns must be filed regularly
  • Non-compliance can result in significant penalties

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