A VAT calculator is an online tool used to determine the amount of Value Added Tax (VAT) that needs to be charged or paid on a specific product or service.

To use a VAT calculator, you input the net amount (price before VAT) and the applicable VAT rate. The calculator will then automatically compute the VAT amount and provide

Yes, as long as the correct figures are entered, the VAT calculator should give accurate results. However, it’s always a good practice to double-check the calculations to ensure accuracy.

Yes, businesses can reclaim VAT on their input expenses as long as the expenses are related to taxable supplies and meet the conditions set by the Federal Tax Authority (FTA).

Yes, some supplies are either exempt from VAT or subject to a 0% VAT rate. Examples include certain healthcare services, education, and specific basic food items.