# Uruguay VAT Calculator

Uruguay collects a VAT rate of 22 % as a standard rate. A reduced VAT rate of 10% is applied on foodstuffs; hotels and tourism; transport and diesel. The payment notes are filed online and can be paid jointly. Value added tax is deducted in Uruguay for electronic purchases (use of debit cards).

Other Countries

Uruguay collects a VAT rate of 22 % as a standard rate. A reduced VAT rate of 10% is applied on foodstuffs; hotels and tourism; transport and diesel. The payment notes are filed online and can be paid jointly. Value added tax is deducted in Uruguay for electronic purchases (use of debit cards).

#### 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 Uruguay (GST % is 22) for an amount of 25000 \$U

Solution :
GST % = 22
Amount = 25000

Step 1 :
GST Price = (25000 * 22 ) / 100
= 5500 \$U

Step 2 :
Net Price = 25000 + 5500
= 30500 \$U

Hence the VAT Price is 5500 \$U and Net Price is 30500 \$U

#### 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 \$U

Step 2 :
Net Price = 25000 - 4508.2
= 20491.8 \$U

Hence the VAT Price is 4508.2 \$U and Net Price is 20491.8 \$U