1. Enter the amount
Use the net amount for add mode or gross amount for extract mode.
2. Enter the VAT rate
Use the rate that applies to the transaction.
3. Choose the mode
Enter 0 to add VAT or 1 to extract VAT from an inclusive price.
4. Review all components
Check the net price, VAT amount, and gross price.
5. Verify tax treatment
Confirm the correct rate and tax status with the relevant authority or adviser.