Remove VAT from a price with VAT included
Discover the price without VAT of an amount with taxes included. Calculate reverse VAT quickly.
Excl. VAT
Price excl. VAT:
R 0,00
- VAT15%
- R 0,00
- Total incl. VAT:
- R 0,00
How to remove VAT from a price with VAT included?
This guide explains how to remove VAT from a final price and how to check the result using the calculator.
How to find out the price without VAT of a product
The opposite situation may also arise, where you want to remove VAT from a price. This happens when the price tag gives one, but with the comment that VAT is included. Knowing the net price of the product could be a perfectly valid question to have.
Formula to remove VAT from a final price
This can be answered by applying the formula:
Example to remove VAT at 15%
In this case, the R 851 of the total product price would be divided by 1,15. Giving the following result:
Summary of operations for VAT at 15%
In summary, if you have an VAT of 15%, these are the operations to perform:
- R 740 × 0,15 = R 111 (To calculate VAT on prices that do not have it)
- R 740 × 1,15 = R 851 (To calculate the total price with VAT included)
- R 851 ÷ 1,15 = R 740 (To calculate the price without VAT)