Slovenia VAT Calculator

VAT is collected in Slovenia in the name of davek na dodano vrednost (DDV). Slovenia value added tax comes under the EU VAT regime and is administered by the Slovenian Ministry of Finance. The standard rate of 22 % is collected for general services and a reduced rate of 9.5% is collected. When the annual turnover exceeds EUR 50,000 then an individual or business is subjected to DDV liability.

Slovenia DDV Calculation

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VAT is collected in Slovenia in the name of davek na dodano vrednost (DDV). Slovenia value added tax comes under the EU VAT regime and is administered by the Slovenian Ministry of Finance. The standard rate of 22 % is collected for general services and a reduced rate of 9.5% is collected. When the annual turnover exceeds EUR 50,000 then an individual or business is subjected to DDV liability.

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 Slovenia (GST % is 22) for an amount of 25000 €

Add Tax

Solution :
GST % = 22
Amount = 25000

Step 1 :
GST Price = (25000 * 22 ) / 100
     = 5500 €

Step 2 :
Net Price = 25000 + 5500
     = 30500 €

Hence the VAT Price is 5500 € and Net Price is 30500 €

Remove Tax

Solution :
GST % = 22
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 22)))
                 = 25000 - (25000 * 0.82)
                 = 25000 - 20491.8
                 = 25000 - 20491.8
GST Price = 4508.2 €

Step 2 :
Net Price = 25000 - 4508.2
                = 20491.8 €

Hence the VAT Price is 4508.2 € and Net Price is 20491.8 €


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