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VAT calculator

Net ⇄ gross and the tax in between, for Korean VAT and Japanese consumption tax (10% or reduced 8%) or any rate you enter.

—Net
—Tax
—Gross

How to use

  1. Enter an amount and say whether it is before or after tax.
  2. Net, tax and gross appear together.
  3. Choose how the tax is rounded to whole units to match your invoice.

Questions

How is tax taken out of a gross price?

Tax = gross × rate ÷ (100 + rate), rounded to a whole unit; net = gross − tax. At 10%, 110 gross is 100 net plus 10 tax.

Why can the result differ by one from gross ÷ 1.1?

Because of rounding. This calculator rounds the tax first and leaves the rest as net.

Which rate applies in Japan?

10% in general and 8% (reduced rate) for food and drink other than alcohol and eating out, and for some newspapers.

Which rounding is right?

It depends on the seller or your accounting system; rounding down is common in Korea and Japan.

Is my input saved?

No. It is calculated in your browser only.

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