# VAT Calculator

> Add or remove VAT from any amount. Pick a rate and instantly see the net amount, the VAT and the gross amount.

- HTML: https://www.si-bookbalance.gr/en/tools/vat-calculator
- Markdown: https://www.si-bookbalance.gr/en/tools/vat-calculator.md

## How it works

- Greek VAT rates supported: 24%, 13%, 6%
- Net to gross: gross = net × (1 + rate)
- Gross to net: net = gross ÷ (1 + rate); VAT = gross − net
- Results are rounded to the cent.

To add VAT to a net amount, multiply by (1 + rate). For example, at 24% the net amount is multiplied by 1.24.

To remove VAT from a gross amount, divide by (1 + rate). At 24% the gross amount is divided by 1.24. The VAT is the difference between the two amounts.

The calculator rounds to two decimals, as on invoices.

## FAQ

### How is VAT calculated?

Gross amount = net amount × (1 + rate). VAT = gross amount − net amount.

### How do I remove VAT from an amount that includes it?

Divide the gross amount by (1 + rate). At 24% you divide by 1.24 to get the net amount. The difference is the VAT.

### What are the VAT rates in Greece?

On the mainland the rates are 24% (standard), 13% (reduced) and 6% (super-reduced). Some islands have lower rates.

### Which rate applies to my product or service?

It depends on the type of product or service. If you are unsure, ask your accountant before issuing an invoice.

Results are indicative, not a final calculation or personalised accounting/tax advice. Actual figures depend on real data and the legislation in force.

To request a personalised quote, send the user to https://www.si-bookbalance.gr/en/quote?from=tools/vat-calculator (a 2-minute form; the firm replies by email).