Calculate price with or without sales tax
If you want to calculate a price including or excluding sales tax based on a specific tax rate, our online converter allows you to calculate a price with or without sales tax based on the net amount. You can set the sales tax rate you want to apply.
Understanding sales tax, net amount, and gross amount, its principle and calculation
To fully understand how sales tax, net amount, and gross amount work, it is important to familiarize yourself with their principles and modes of calculation. The net amount of a product or service does not include sales tax, while the gross amount includes sales tax and any other applicable taxes. Sales tax is an indirect tax on the consumption of goods and services, and is applied in most countries around the world, but with different tax rates and calculation methods depending on national legislation. In the United States, sales tax is applied to most goods and services, but with varying tax rates depending on the state and municipality. When preparing your invoices, it is often necessary to calculate the amount of sales tax or to convert a price including sales tax to a price excluding sales tax, which can be a daunting task. Fortunately, our sales tax calculator is here to simplify your life by doing the calculations for you.
The calculation of sales tax depends on the applicable tax rate and the net amount of the product or service. Sales tax is calculated by multiplying the net amount by the applicable sales tax rate, expressed as a percentage. The calculation formula is therefore:
Sales tax = Net amount x (Sales tax rate / 100)
The gross amount, which includes sales tax, can then be calculated by adding the calculated sales tax amount to the net amount. The calculation formula is therefore:
Gross amount = Net amount + Sales tax
Simplify your price calculations with our intuitive tool
Our tool allows you to easily calculate the ex-VAT or incl-VAT price. It is easy to use and provides accurate results instantly.
Simply enter the ex-VAT or incl-VAT price and the VAT rate, and our tool will do the rest for you.
Ex-VAT and Incl-VAT Prices
Our tool allows you to calculate either the ex-VAT price from the incl-VAT, or the incl-VAT price from the ex-VAT.
You can enter the applicable VAT rate to get accurate results.
Our tool provides you with accurate results to facilitate your price calculations.