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Need the price with tax, or the tax hidden inside a price you already charged? Enter the amount and your rate and get net, tax and gross in one go.
Adding tax: tax = net x rate, gross = net + tax. Removing tax: net = gross / (1 + rate), tax = gross - net.
Example: a receipt shows 115 including 15% tax. Net = 115 / 1.15 = 100 and the tax is 15. Note that taking 15% off 115 gives the wrong answer (97.75).
Use it for:
Up Stock exports your sales, purchases and stock lists to Excel or PDF whenever you need them.
Because the tax was calculated on the net price, not the total. Divide the total by 1 plus the rate instead; the calculator does this for you.
The standard rate in your country, or a reduced rate if your products qualify. Check with your tax office or accountant; rates change.
No. Work out margin and profit on prices before tax.
Both are taxes on sales. VAT is charged at every stage of the supply chain and businesses reclaim what they paid; sales tax is usually charged only on the final sale.
Your price from cost, target margin and tax
Cost, price, markup and margin from any two
Freight, duty and fees spread across every item