Input Details
VAT Calculation Results
About Irish VAT Rates
The standard VAT rate in Ireland is 23%. Reduced rates include 13.5% for fuel, building services and repairs; 9% for certain goods and services; 4.8% for agricultural inputs; and 0% for certain essential items.
For the most current VAT information, please refer to the Irish Revenue website.
What is Value Added Tax?
VAT means Value-Added Tax. In Ireland, people pay this tax when they buy most products or services. Businesses add VAT to the price, and then customers pay the total amount. After that, the business sends the VAT part to the government. This money helps pay for things like schools, roads, and hospitals.
Now, it’s important to understand how VAT affects prices. Sometimes, the price you see already includes VAT. That’s called the full price or gross price. Other times, the price doesn’t include VAT yet. This is known as the net of VAT price. Knowing the difference helps you see what you’re really paying.
If you want to break down a total price or add VAT to a price, you need to calculate VAT the right way. That way, everything stays clear and correct, whether you’re buying or selling something.
How to calculate VAT?
Calculating VAT in Ireland is easier than it sounds. First, you need to know the VAT rate that applies to what you’re buying or selling. The most common VAT rate is 23%, but there are other rates too, like 13.5%, 9%, and 0%, depending on the item or service.
There are two main ways to work out VAT:
- If You Have the Price Without VAT (Net Price)
When you know the price before tax, and you want to find the total cost with VAT, you just add the VAT to it.
Here’s a simple way to do it:
Total Price = Net Price × (1 + VAT Rate)
2. If You Have the Price With VAT (Gross Price)
Sometimes, you only have the total price that already includes VAT, and you want to know how much of that is VAT.
You can use this simple formula:
VAT Amount = Gross Price – (Gross Price ÷ (1 + VAT Rate))
How to Use the VAT Calculator
- First choose either you want to Add VAT or Extract VAT.
- Enter the price in the Amount (€) box.
- Select the VAT rate, like 23% (the standard rate in Ireland). Also other options like 13.5% or 9% are also there if needed.
- Click on calculate button and see Net Amount, VAT Amount, and Gross Amount.
- Click the “Reset All” button to clear everything and do a new calculation.