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VAT Calculator | GST Calculator

 
%
  Red * indicates required input.
DESCRIPTION
VALUE
VAT Rate (%)
7.50%
Product Amount ()
100.00
VAT Amount ()
7.50
Gross Amount ()
107.50

VAT Calculator

This free VAT calculator helps to calculate amount payable as value added tax on a vatable good or service.

Value-added tax (VAT) also called goods and service tax (GST) is a consumption tax payable when you bought goods or when service is rendered to you. Currently, VAT is 7.5% in Nigeria, effective from February 1st, 2020 as decreed in Finance Act 2020.

VAT Amount = Product Amount * VAT Rate / 100
Gross Amount = Product Amount + VAT Amount


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