VAT Calculator
Calculate VAT payable or refundable using VAT invoice amounts only.
Understanding VAT Input and Output
What is Output VAT?
Output VAT is the VAT that you charge your customers on taxable supplies of goods or services. This VAT is collected on behalf of the tax authority and must be declared in your VAT return.
- Appears on your sales VAT invoices
- Calculated on taxable supplies
- Forms part of VAT payable to the tax authority
What is Input VAT?
Input VAT is the VAT that you pay to suppliers when you purchase goods or services for business purposes. This VAT may be claimed back, provided it is supported by a valid VAT invoice.
- Appears on purchase VAT invoices
- Only claimable with valid VAT invoices
- Reduces the amount of VAT payable
Important: This calculator only uses VAT amounts reflected on valid VAT invoices.
It does not calculate VAT from inclusive or exclusive values.