Comprehensive Calculator Guide
📋Overview
The VAT Calculator helps you calculate value-added tax and the final price quickly and accurately. Useful for both sellers and buyers to understand the real price of products and services.
🎯How to Use
- Enter the base price of the product or service
- Specify the VAT percentage (15% in Saudi Arabia)
- Get the tax amount and total price
- You can also remove tax from an inclusive price
🔢Formula Used
Total Price = Base Price × (1 + Tax Rate)💡Practical Examples
Example: Calculating 15% VAT
Product price 1,000 SAR, Tax = 150 SAR, Total Price = 1,150 SAR.
❓Frequently Asked Questions
Q:What is the VAT rate in Saudi Arabia?
A: The current value-added tax rate in Saudi Arabia is 15%.
Q:How do I calculate the price before tax?
A: Divide the inclusive price by 1.15 to get the base price before tax.