This is a tool that enables you to enter the net price, gross price or VAT amount, and calculate the other two. This is a more general tool than the UK VAT Calculator that is tailored to UK VAT calculations.

The tool is multi-directional and, therefore, determines the information that needs to be calculated based on which data has been entered.

In more detail, the information that can be entered and/or calculated is:

• The net price, i.e. the price before VAT has been added.
• The VAT rate, expressed in percentage terms.
• The VAT amount.
• The gross price, i.e. the price after VAT has been added.

Associated tool link: http://www.coggit.com/tools/vat_calculator.html