Extract VAT from an amount — in words right away.
Hryvnias, dollars, euros. VAT — extract or add.
FreeNo sign-upWorks offline
Hryvnias, dollars, euros. VAT — extract or add.
FreeNo sign-upWorks offline
Your browser does the math, so the page works offline too.
Divide the amount including VAT by 6: 1200 ÷ 6 = 200 is the VAT, and the net amount is 1000. For 14% multiply by 14/114, for 7% by 7/107. The tool does the same and rounds to the cent.
20% is charged on the amount without VAT. Taking 20% of the gross gives too much: 240 instead of 200 out of 1200.
To the cent, half up. The net amount is the difference, so the lines always add up.