PVN rates in Latvia
| Rate | €100.00 net becomes | PVN inside €100.00 gross |
|---|---|---|
| 21% (standard) | €121.00 | €17.36 |
| 12% | €112.00 | €10.71 |
| 5% | €105.00 | €4.76 |
Worked examples at 21%
- Adding PVN: €250.00 × 1.21 = €302.50 (€52.50 PVN).
- Removing PVN: €250.00 ÷ 1.21 = €206.61 (€43.39 PVN).
Invoicing with PVN
If you're registered for PVN, your invoices need to show the amount without tax, the rate and the PVN separately. Our free invoice generator works it out and lays it out for you.