The VAT formulas
Whatever the country, the maths is the same. With the rate as a percentage:
- VAT to add = net price × rate ÷ 100
- Price with VAT = net price × (1 + rate ÷ 100)
- Price without VAT = gross price ÷ (1 + rate ÷ 100)
- VAT inside a gross price = gross price × rate ÷ (100 + rate)
The most common mistake is taking the rate straight off a VAT-inclusive price. At 20%, 20% of 120 is 24, but the VAT in 120 is only 20.
VAT on your invoices
If you're registered, show the VAT separately on every invoice: the net amount, the rate, the VAT and the total. Our free invoice generator does this for you, with the rates and wording your country needs.
VAT, GST and IVA rates by country
Standard rates as of October 2026. Choose a country for its reduced rates and a calculator set up for it.
| Country | Tax | Standard rate |
|---|---|---|
| Argentina | IVA | 21% |
| Australia | GST | 10% |
| Austria | USt | 20% |
| Belgium | VAT | 21% |
| Bulgaria | VAT | 20% |
| Canada | GST/HST | 5% |
| Chile | IVA | 19% |
| China | VAT | 13% |
| Colombia | IVA | 19% |
| Croatia | PDV | 25% |
| Cyprus | VAT | 19% |
| Czechia | DPH | 21% |
| Denmark | moms | 25% |
| Egypt | VAT | 14% |
| Estonia | km | 24% |
| Finland | ALV | 25.5% |
| France | TVA | 20% |
| Germany | MwSt | 19% |
| Greece | FPA | 24% |
| Hungary | ÁFA | 27% |
| Iceland | VSK | 24% |
| India | GST | 18% |
| Ireland | VAT | 23% |
| Israel | VAT | 18% |
| Italy | IVA | 22% |
| Japan | consumption tax | 10% |
| Kenya | VAT | 16% |
| Latvia | PVN | 21% |
| Lithuania | PVM | 21% |
| Luxembourg | TVA | 17% |
| Malta | VAT | 18% |
| Mexico | IVA | 16% |
| Netherlands | btw | 21% |
| New Zealand | GST | 15% |
| Nigeria | VAT | 7.5% |
| Norway | MVA | 25% |
| Peru | IGV | 18% |
| Philippines | VAT | 12% |
| Poland | VAT | 23% |
| Portugal | IVA | 23% |
| Romania | TVA | 21% |
| Saudi Arabia | VAT | 15% |
| Singapore | GST | 9% |
| Slovakia | DPH | 23% |
| Slovenia | DDV | 22% |
| South Africa | VAT | 15% |
| South Korea | VAT | 10% |
| Spain | IVA | 21% |
| Sweden | moms | 25% |
| Switzerland | MWST | 8.1% |
| Thailand | VAT | 7% |
| Türkiye | KDV | 20% |
| United Arab Emirates | VAT | 5% |
| United Kingdom | VAT | 20% |
| Uruguay | IVA | 22% |
| Vietnam | VAT | 10% |