TaxIt VAT Calculator Net Gross

TaxIt: Smart VAT & Reverse Tax Calculator

Are you still struggling with complex VAT calculations? TaxIt is the fastest and most accurate tax calculation solution for business owners, freelancers, and accountants. Maximize your workflow efficiency with our powerful 'Reverse Calculation' feature that splits taxes and net amounts from the total receipt amount instantly. [Key Features]

1. Two-Way Smart Calculation (Net & Gross)

• Net to Gross: Add VAT to the supply price to check the final payment amount.
• Gross to Net (Reverse Calculation): Just enter the total receipt amount, and it instantly separates the VAT and net price. No need to memorize complex formulas (Net = Gross / 1.1) anymore.

1. Worldwide Tax Rates & Custom Settings

• Provides default standard tax rates for major countries including the US, UK, Germany, Korea, and Japan.
• Fully customizable tax rates up to decimal points, making it usable anywhere in the world.

1. Smart History Management

• Save your calculations with custom labels (e.g., January Office Rent, Laptop Purchase).
• Easily recall or delete saved history, simplifying expense tracking and accounting.

1. Global Localization & Multilingual Support

• Supports multiple languages perfectly.
• Applies local currency and professional business terms (VAT, MwSt, GST, 消費税) for seamless business trips or international trade.

1. Clean & Intuitive UI/UX

• Dark mode support to reduce eye strain.
• Single-screen layout with no unnecessary steps, letting you finish calculations in seconds.

[Recommended For]

• Small business owners and corporate CEOs preparing for tax returns.
• Freelancers and creators who frequently check tax-inclusive/exclusive prices.
• Accountants and bookkeepers managing numerous receipts.
• Travelers curious about Tax Refund amounts while shopping abroad.