VAT Calculator Poland

VAT rate in poland is imposed by both federal and regional government. Value added tax is charged for all the movable goods and services. Standard vat rate of 23% is fixed on January 2010. Reduced Value added tax rate of 8% is collected for supplies of certain food items, medical products, hospitality services and community housing. Super reduced value added tax rate of 5% is charged for supplies of certain food items, such as bread, dairy products, meats, and selected publications.

Other Countries
Australia   Argentina   Brazil   Canada   Denmark    Egypt    Finland    France    Germany    Greece    Hungary    Italy    Indonesia    India    Japan    China    Malaysia    Mexico    Netherlands    New-Zealand    Russia    Singapore    Spain    South Africa    Switzerland    Thailand    United Kingdom    United States    Vietnam   

VAT rate in poland is imposed by both federal and regional government. Value added tax is charged for all the movable goods and services. Standard vat rate of 23% is fixed on January 2010. Reduced Value added tax rate of 8% is collected for supplies of certain food items, medical products, hospitality services and community housing. Super reduced value added tax rate of 5% is charged for supplies of certain food items, such as bread, dairy products, meats, and selected publications.

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 Poland (GST % is 23) for an amount of 25000 zł

Add Tax

Solution :
GST % = 23
Amount = 25000

Step 1 :
GST Price = (25000 * 23 ) / 100
     = 5750 zł

Step 2 :
Net Price = 25000 + 5750
     = 30750 zł

Hence the VAT Price is 5750 zł and Net Price is 30750 zł

Remove Tax

Solution :
GST % = 23
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 23)))
                 = 25000 - (25000 * 0.81)
                 = 25000 - 20325.2
                 = 25000 - 20325.2
GST Price = 4674.8 zł

Step 2 :
Net Price = 25000 - 4674.8
                = 20325.2 zł

Hence the VAT Price is 4674.8 zł and Net Price is 20325.2 zł


english Calculators and Converters


Sitemap