Free Vat Calculator for Ireland
Our free Irish Vat Calculator can be very handy for those who are looking for vat calculation based on the Ireland vat rate. This calculator allows users to select from common Irish VAT rates, such as 23%, 13.5%, 9%, 5%, and 4.8%, and then there is option to either add the vat rate to given amount or deduct vat rate from the given amount.
When Adding VAT, the calculator add the calculated vat amount with the user provided amount.
For Deduct Vat, it separates the VAT amount from the user provided amount.
Also, it shows the vat amount, gross amount separately. Making vat calculation easy for even for children.
How to Use the Irish VAT Calculator?
The Irish VAT calculator is a simple tool designed to help you quickly calculate VAT on goods and services at Irish VAT rates. Here’s a step-by-step guide on how to use the calculator effectively:
1. Enter the Amount: Start by typing the amount (in euros) that you want to calculate VAT for in the “Amount (€)” field.
2. Select the VAT Rate: Choose a VAT rate from the options provided. Ireland’s standard VAT rate is 23%, but you can also select other common rates such as 13.5%, 9%, 5%, or 4.8%, depending on the type of goods or services.
3. Choose the Operation (Add or Deduct VAT):
– Add VAT: This option calculates the total cost including VAT. It’s useful if you have a net price and want to find the final amount after applying VAT.
– Deduct VAT: This option removes VAT from a gross amount. Use this if you know the total price (including VAT) and want to find the net price before VAT.
4. Click “Calculate”: Once you have entered the amount, selected the VAT rate, and chosen an operation, click the “Calculate” button. The calculator will display:
– Net Amount (without VAT) if you selected “Add VAT.”
– Total Amount (with VAT) if you selected “Deduct VAT.”
– VAT Amount: This shows the amount of VAT based on the rate you chose.
– Total: Displays the final amount, either with VAT included or excluded based on your selected operation.
5. Reset: If you’d like to clear all fields and start a new calculation, simply click the “Reset” button.
How Does Irish Vat Calculator Works?
Adding VAT to a Net Amount
If you want to calculate the total amount with VAT added, the formula used is:
Example Calculation:
Suppose you enter a net amount of €100 and choose a VAT rate of 23%.
VAT Amount: 100×23/100 = 23 (so the VAT amount is €23)
Total Amount: 100+23 = 123 (making the total amount €123)
Deducting VAT from a Gross Amount
If you already have a total amount that includes VAT and want to find the net amount (i.e., the amount before VAT), the formula is:
Example Calculation:
Suppose you enter a total amount of €123 with a VAT rate of 23%
VAT Amount: 123/1+23/100 = 123/1.23 (so the net amount is €100)
Total Amount: 123-23 = 100 (making the VAT amount €23)
Breakdown of Ireland Vat Rates
As of 1 January 2024, There are 5 Types of active Vat rates in Ireland-
Standard rate – 23%
Reduced rate – 13.5%
Second reduced rate – 9%
Livestock rate – 4.8%
Flat-rate compensation percentage for Farmers – 4.8%
These VAT rates allow Ireland to support various industries and making essential goods more accessible to consumers.
Standard Rate of VAT
The standard rate of Value-Added Tax (VAT) which is 23%, applies to most goods and services, although some items qualify for reduced rates or are exempt from VAT.
Examples of goods and services subject to the standard VAT rate include:
- Solicitors
- Furniture
- Batteries
- Motor Vehicles
- Consultancy Services
- Tires
Reduced Rate of VAT
The reduced rate of Value-Added Tax (VAT) which is 13.5% applies to a variety of goods and services, including:
- Hot take-away food, tea, and coffee
- Catering services and restaurant supplies (but not alcohol, soft drinks, or bottle water)
- Culture including cinemas, theatres, some musical performances, art galleries, exhibitions, and amusement parks or fairgrounds
- Hairdressing services
- Certain fuels
- Repair services
This list is long. You can check the whole list from here.
Second Reduced Rate of VAT
The second reduced rate of Value-Added Tax (VAT) which is 9% applies to a limited number of goods and services, including:
- Periodical
- Certain E-periodical
- Audio, Video Content
Products or services in this Vat rate may change. You can check the whole list from here.
Livestock Rate of VAT
The livestock rate of vat which is 4.8% applies only to livestocks such as cow, goat, chicken, duck etc. This also applies to horses that are intended for use in food production or agricultural activities.
Frequently Asked Questions
How does VAT work in Ireland?
VAT in Ireland is a consumption tax applied to most goods and services. It has several rates: a standard rate of 23%, a reduced rate of 13.5% for specific sectors like construction and hospitality, and a lower 9% rate for newspapers and tourism-related services. Businesses collect VAT on sales and pay it to the government, but can reclaim VAT on business-related purchases, creating a balance based on net taxable transactions.
Do tourists pay VAT in Ireland?
Yes, tourists pay standard 23% VAT in Ireland on most purchases, but they can claim refunds on certain goods when leaving the country. Through Ireland’s VAT refund scheme, non-EU tourists can obtain a partial or full VAT refund on eligible items by presenting proof of purchase and export at customs before departure.
What is 13.5% VAT in Ireland?
Ireland’s 13.5% VAT rate applies to some specific goods and services, including certain construction and renovation work, short-term guest accommodations, and restaurant services. This reduced VAT rate is lower than the standard 23% rate and is intended to support specific sectors within the Irish economy.