Vat Calculator Namibia – Standard Vat Rate is 15%
The standard VAT Rate of Namibia is 15%. Now you can calculate tax with our Vat Calculator Namibia.
If you are running a business in Namibia, it’s important to understand vat rates and how to calculate vat. The standard vat rate in Namibia is 15%, but there may be exceptions depending on the type of product or service you are selling. In this article, we will provide some basic information about vat in Namibia, as well as a vat calculator to help you figure out the tax rate for your business.
About the Vat Calculator Namibia
- Select your country; the vat calculator will automatically detect the updated Namibia vat rate
- Enter the amount
- Add Tax or Remove Tax
- Press the calculate button to see the result
How to calculate vat in Namibia
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
Here is a list of all our VAT Calculators. It includes most countries in the world.
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