At present, the Standard Rate of Value-Added-Tax (VAT) in Finland is 24%. An important thing to point out here is that the Standard Rate VAT was notably increased to the current rate of 24% on January 1st, 2014. Among the Member States of the EU, Finland has, in fact, the 5th Highest VAT Rate. But […]
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This blog is dedicated to making VAT calculations crystal clear and more natural. We have been putting our efforts into making calculations easier and simpler through our VAT calculator. Since VAT is implied in a number of countries, especially the countries attached to the European Union, there lays versatility in the rates and legislative structure of VAT among different countries. Along with the calculator, we are doing our thorough research into every country’s value-added taxation rules and providing you composed and compiled information. So you can just give them a read and have the answers to your questions or confusion.
In this section, you will find articles on all the countries where VAT is observed. Each of them includes information about VAT like:
- A brief history and current rates of VAT.
- How to register or deregister to VAT?
- What are the eligibility criteria for businesses or individuals to get registered?
- Prevailing VAT schemes and their pros & cons.
- How to calculate VAT rates?
VAT Calculator Egypt [ Standard Rate of Vat in Egypt is 10% ]
At present, the standard rate of VAT applicable in Egypt is 10%. This rate of Sales Tax is applied when certain products and services are brought. To implement the indirect Value-Added-Tax (VAT), Egypt is shifting from General Sales Tax that applicable there at present. However, Egypt has reduced VAT rates too for certain products like […]
Indonesia VAT Calculator | Standard Rate of tax charged here is 10%.
At present, Value-Added-Tax (VAT) is charged in Indonesia at the standard rate of 10%. In Indonesia, VAT is locally known as Pertambahan Pajak Nilai (PPN). While VAT is levied on imports but exports, on the other hand, are exempted from VAT. Indonesia also has two reduced rates of VAT in addition to having a standard […]
VAT Calculator Philippines | Standard rate of Vat in Philippines is 12%
At present, the standard rate of Value-Added-Tax (VAT) in the Philippines is 12%. The Philippines currently has 3 rates of VAT: A standard rate of 12%, a higher percentage of 18%, and zero-rated VAT. Some products and services are also exempted from VAT, for instance, educational services, bank services, imports, some residential sales and leases, […]
