Can I use this tool for free?
Absolutely! All features are 100% free and available to everyone.
What VAT percentage should I use?
The VAT percentage depends on your country and the type of goods/services. Common rates are 15-25%, but you can set any percentage from 0-100% in the calculator.
How accurate are the calculations?
All calculations are rounded to 2 decimal places for maximum accuracy. The tool uses standard VAT formulas and handles decimal percentages correctly.
Can I calculate backwards from the total?
Yes! You can click on the "Total Including VAT" field and enter a value, then the calculator will automatically determine the original amount and VAT value.
Is this tool suitable for business use?
Yes, this calculator is designed for business use, accounting, invoicing, and financial planning. It provides accurate VAT calculations for any business scenario.