VAT Calculator Belarus

Belarus is a small landlocked country with a population of around 9.5 million and has a sale tax rate (VAT) of 20 %. Few goods and services are charged at 10 % rate. On the personal front Belarus has income tax rate of 12 %.

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Belarus is a small landlocked country with a population of around 9.5 million and has a sale tax rate (VAT) of 20 %. Few goods and services are charged at 10 % rate. On the personal front Belarus has income tax rate of 12 %.

Formula:

Add Tax Tax Amount = ( Original Cost * VAT% ) / 100 Net Price = Original Cost + Tax Amount
Remove Tax Tax Amount = Original Cost - ( Original Cost * ( 100 / ( 100 + VAT% ) ) ) Net Price = Original Cost - Tax Amount

Example

Find the VAT price and net price in Belarus (GST % is 20) for an amount of 25000 Br

Add Tax

Solution :
GST % = 20
Amount = 25000

Step 1 :
GST Price = (25000 * 20 ) / 100
     = 5000 Br

Step 2 :
Net Price = 25000 + 5000
     = 30000 Br

Hence the VAT Price is 5000 Br and Net Price is 30000 Br

Remove Tax

Solution :
GST % = 20
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 20)))
                 = 25000 - (25000 * 0.83)
                 = 25000 - 20833.33
                 = 25000 - 20833.33
GST Price = 4166.67 Br

Step 2 :
Net Price = 25000 - 4166.67
                = 20833.33 Br

Hence the VAT Price is 4166.67 Br and Net Price is 20833.33 Br


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