Remove VAT from a price with VAT included

Remove VAT from a price with VAT included

Price excl. VAT:
SDG 0.00
VAT 17%
SDG 0.00
Total incl. VAT:
SDG 0.00

How to remove VAT from a price with VAT included?

This guide explains how to remove VAT from a final price and how to check the result using the calculator.

How to find out the price without VAT of a product

The opposite situation may also arise, where you want to remove VAT from a price. This happens when the price tag gives one, but with the comment that VAT is included. Knowing the net price of the product could be a perfectly valid question to have.

Formula to remove VAT from a final price

This can be answered by applying the formula:

X
=
Price with VAT
1.17
=
Result price without VAT

Example to remove VAT at 17%

In this case, the SDG 70,375.5 of the total product price would be divided by 1.17. Giving the following result:

X
=
SDG 70,375.5
1.17
=
SDG 60,150

Summary of operations for VAT at 17%

In summary, if you have an VAT of 17%, these are the operations to perform:

  • SDG 60,150 × 0.17 = SDG 10,225.5 (To calculate VAT on prices that do not have it)
  • SDG 60,150 × 1.17 = SDG 70,375.5 (To calculate the total price with VAT included)
  • SDG 70,375.5 ÷ 1.17 = SDG 60,150 (To calculate the price without VAT)