VAT Calculator
Enter an amount, pick a rate. See the VAT-inclusive or exclusive result instantly.
How is it calculated?
From a VAT-exclusive amount: VAT = amount × rate. From a VAT-inclusive amount: net = amount ÷ (1 + rate).
Frequently Asked Questions
The most frequently asked questions and answers about Jet Digital VAT Calculator.
VAT calculation is done by applying the VAT rate determined on the price of goods or services. For example, for an 18% VAT rate: Net Amount x 1.18 = VAT Included Amount formula is used.
The basic VAT rates in Turkey are 1%, 8% and 18%. A rate of 0% may also be applied for some goods and services. Which rate will be applied is determined according to the type of goods or services.
VAT (Value Added Tax) is a tax regulated by Law No. 3065 on Value Added Tax, collected at different rates on payments. Although companies pay VAT difference, it is basically paid by the end consumer.
First, you need to know the amount you want to calculate VAT for in net terms. Then you need to learn the legal VAT rate (%1, %10 or %20) applied in our country for your product or service. The last step is to choose whether to include or exclude VAT and successfully complete the VAT calculation process. In addition, the simplest formula used for VAT calculation is applied as: 'Product or Service Amount x VAT Rate = VAT Amount'.
VAT excluded calculation is calculated using the formula '(Gross Amount) / [1 + (Tax Rate/100)]'. Let's assume that a product's VAT included price is 120 TL and the VAT rate is 20%. In this case, you can apply the following steps to find the VAT excluded price: VAT excluded calculation formula: Gross Amount / [1 + (Tax Rate/100)] Gross Amount: 120 TL, Tax Rate: 20% Let's place this information in the formula and calculate: In our example, the VAT-free amount is found to be 100 TL. That is, while 20 TL of 120 TL belongs to VAT, the remaining 100 TL is the VAT excluded price of the product.
The VAT return must be filed by the 24th day of the month following the relevant month. For example, the VAT return for May must be filed by June 24th.
The VAT return must be filed by the 24th day of the month following the relevant month. For example, the VAT return for January must be filed by February 24th.
There are three different VAT rates to be applied in our country for the supply of products and services. The general VAT rate is 20%. Products and services specified as VAT reduced by the Revenue Administration are subject to 1% and 10% VAT. For all transactions not in this list, a rate of 20% is used for VAT calculation. You can access the current VAT rates list from the relevant link.
VAT (Value Added Tax) is a consumption tax. It is a consumption tax paid by the seller of a service or product but imposed on the buyer of the service or product.
VAT base is calculated using the formula 'VAT Amount / VAT Rate x 100 = Base'.
VAT Calculation Rounding Difference is the name given to the rounding operation upward if the third digit after the comma is greater than five. For example, the number 2.257 can be rounded up to 2.26.
It is the name given to the tax amounts that businesses pay to the seller after receiving goods or services.
Products subject to 10% VAT include; soap, detergent, disinfectant, shampoo, wet wipes, paper towels, toilet paper, paper napkins, tissues, toothpaste, toothbrush, dental floss, diapers, hygiene products, etc. The VAT rate for such products is 10%.
Two Unknown VAT Calculation is a calculation method that allows determining how much will be paid in total by using the net price of a product and the VAT rate to be added to it.
VAT applies to almost everyone who purchases services or goods. From whom VAT is collected in which cases: From services provided and goods delivered within the scope of trade, industry, agricultural activities and liberal professions, From those who bring any goods or services from abroad, From the organization and playing of games of chance such as Sport-Toto, Lottery, horse racing, From sales transactions in auctions and customs warehouses, From services and deliveries provided in areas such as mail, telephone, radio, television, From the transportation of crude oil, gas and derivatives through pipelines, From the rental of goods and rights specified in the Income Tax Law, Value added tax is collected from events and concerts attended by professional artists.
VAT exemption is the situation where certain goods or services are exempted from VAT by the state.
The primary way to get information about VAT rate changes is to regularly check the announcements published in the Official Gazette. The Official Gazette is the official publication organ of the Republic of Turkey and contains all official regulations of the state such as laws, regulations, and announcements. Therefore, any change in the VAT rate is first announced here. In addition, the websites of the Ministry of Finance and the Revenue Administration provide current information about tax legislation, including VAT rate changes. The announcements and announcements on these sites are important sources of information for taxpayers.
VAT calculator tools provide significant convenience in terms of managing financial processes. These tools offer important advantages such as time savings and reduction of calculation errors, increasing the efficiency and accuracy of transactions. Thanks to the automatic integration of current tax rates and legislative changes and user-friendly interfaces, complex financial transactions can be easily performed. The VAT calculator tool reduces the complexity in financial management processes, making VAT calculations cost-effective and flexible. In addition, these tools help taxpayers ensure compliance with legislation and prevent potential legal problems. As a result, VAT calculator tools support the decision-making processes of businesses and individuals by increasing the accuracy of financial planning and analysis.
VAT included price represents the gross amount.
Some invoices do not have Value Added Tax (VAT). This situation applies to products where VAT is 0. Invoices for these products are called 'exemption invoices'. Transactions completely exempt from VAT are: Sales of goods abroad, Services provided abroad, Provision of diesel to vehicles carrying exported products, Roaming services, Sale, repair and maintenance services of sea, air and railway vehicles, Port and airport services provided for sea and air transport vehicles, Providing railway connection to ports and airports, renewal and expansion works, Educational, vocational and life support tools and software for disabled people, Petroleum exploration and pipeline construction works, Extraction and processing activities of precious metals, Supply of goods for incentivized investments, Goods and services related to national security, International transportation, Services provided for works in free zones, Sales and services to diplomatic representations and missions, Delivery of goods and services to international organizations.
No, VAT is not applied on expense receipts. Instead of Value Added Tax (VAT) on expense vouchers, income tax deduction, in other words withholding, is usually applied. An expense voucher is a document that keeps the official record of payments made for services or products purchased and documents the income tax deduction calculated on these payments.
Full exemption in VAT is a tax regulation applied in the sale of certain goods or services and completely exempts these transactions from VAT burden. Under this regulation, if the transaction is exempt from VAT, the relevant VAT is eliminated by the taxpayer through deduction, or the non-deductible VAT is refunded as of the month in which the transaction took place. With this practice, it is aimed to encourage transactions made under certain conditions by relieving them of tax burden.
Taxpayers who face VAT rejection can appeal to the relevant tax administration within the scope of the Tax Procedure Law. In this process, the taxpayer conducts a detailed review of the rejection decision and then prepares an appeal petition with documents supporting their appeal, claiming that the rejection decision is unfair. The appeal is examined by the tax administration, and if a decision is made in favor of the taxpayer, the rejected VAT amount is either refunded or offset against the taxpayer's future period tax debts. In case the appeal is rejected, the taxpayer has the right to file a lawsuit in administrative judiciary. This process allows the taxpayer to exercise their legal rights and ensures the rule of law.
VAT Plate is an official document that businesses that are VAT taxpayers in Turkey must hang in a visible place in their workplaces. This plate shows that the business is a VAT taxpayer and fulfills this obligation to the state. The VAT Plate contains basic information such as the business's tax identification number, title and address. The obligation to hang the VAT Plate generally applies to all businesses that exceed a certain turnover and operate within the scope of VAT liability. This shows the public that the business is tax compliant and subject to VAT legislation.
VAT included calculation is calculated using the formula 'VAT excluded product price x (1 + VAT Rate)'. Let's assume that a product's VAT excluded price is 100 TL. VAT rate: 20% (This is used as 0.20 in calculation) VAT included calculation formula: VAT Excluded Price x (1 + VAT Rate) In this case: 100 TL x (1 + 0.20) = 100 TL x 1.20 = 120 TL So, the VAT included price of a 100 TL product with a 20% VAT rate becomes 120 TL.
VAT return is the notification by tax taxpayers to the relevant institutions of how much tax they are obliged to pay on the income they earn from the sale of goods and services. This notification is made at the tax rates determined by the state.
The VAT return is filed with the tax office to which the taxpayers are affiliated in the province where they live, or electronically through the e-Declaration system on the website of the Revenue Administration (GIB).
First, the 'Value Added Tax Return Form' must be filled out completely. Especially black or blue ballpoint pen should be used. You can also submit VAT returns to your tax office in person or send them by mail, either registered or registered with return receipt. It is also possible to prepare and send the VAT return in the form of e-Declaration through the internet tax office.
VAT deduction is exemptions and incentives provided by the state for taxpaying individuals and institutions. With VAT deduction, it is aimed that parties other than the end consumer do not pay VAT as a result of sales or services provided to the end consumer. Thus, those in the production, sales and logistics chain can deduct the tax they paid from the tax they collect. Thus, an increase is seen in the turnovers of businesses.
VAT base indicates the amount of the product or service before VAT is added. VAT base is the monthly total of the VAT-free price of the product or service.
VAT Withholding means sharing or deduction on value added tax. If the state shares the taxes collected from buyers and sellers among the parties, this transaction is called VAT Withholding.
It is the name given to the VAT amounts that businesses collect from consumers as a result of goods or services delivered.
Products subject to 1% VAT include; bulgur, rice, chickpeas, barley and all legume products, tea, water, salt, solid oil, liquid oil, sugar, white meat, red meat, fish, cheese, milk, cream, yogurt, olives, eggs, onions, potatoes, tomatoes, cucumbers, peppers and other vegetable products, fruits, canned foods, pickles, jam, tomato paste, molasses, honey, hazelnut halva, tahini halva, Turkish delight, chocolate, crackers, biscuits, cake, wafers, baklava, cake, pasta, phyllo, vermicelli, hazelnuts, cereal, almonds, walnuts, peanuts and other dried nuts, spices, and baby food also has a VAT rate of 1%.
Products subject to 20% VAT include; Television, computer, mobile phone, expensive clothing items, jewelry, luxury cars, alcoholic beverages and tobacco products, cosmetics and perfumes, some services (Professional services such as legal, engineering, architectural services), food and beverages in restaurants and cafes, hotel accommodations, some construction materials, luxury transportation services, expensive works of art and antiques.
In Turkey, Value Added Tax (VAT) is regulated by Law No. 3065, which came into effect in 1984. The tax system is based on individuals and institutions declaring their earnings and the amount of tax they need to pay in certain periods. In this way, it is aimed to prevent tax evasion. The VAT return is filed by the 24th of each month, and VAT must be paid by the 26th day of the declared month. Late payment interest is applied in case of late payment. In addition, for high VAT amounts, the tax office can block bank accounts to secure its receivables. The VAT system in our country requires those who deliver goods and services to collect VAT with documents such as invoices they issue during delivery. This collected VAT is called calculated VAT. The state keeps the system up to date by making changes in the VAT Law from time to time, and can waive late payment interest with practices such as tax amnesty in some periods.
A VAT taxpayer is a business or person who has the obligation to pay VAT to the state.
According to the opportunities provided by the VAT law, those who perform various transactions can be exempt from tax. These transactions; Exporters: Those who sell goods and services abroad. Those who provide services to people abroad. Transportation services for abroad. Those who use certain vehicles and materials: Transactions related to sea, air and railway transport vehicles. Platinum, silver, gold, petroleum exploration and enrichment operations. Those who receive investment incentive certificates. Transportation business: Companies that transport between Turkey and foreign countries. Those with diplomatic rights: Representations and employees of other countries. Import-related transactions: Entry of some goods into the country and customs procedures. Social purpose activities: Cultural, scientific and social services of the state and foundations. Those taxed under simple procedure: Artisans exempt from tax and some taxpayers according to the Income Tax Law can be listed.
The VAT refund process can vary depending on various factors from the date the application is made. This process can usually take a month, but in some cases it can be shorter or longer. The processing time may vary depending on the complexity of the documents submitted during the application, the workload of the tax office, and the nature of the refund request. Businesses requesting VAT refunds usually submit these requests to the relevant tax office at the beginning of the month following the requested month. The examination stage carried out by the tax office is carried out to check the accuracy and compliance of the documents submitted and the transactions made. This stage may take time depending on the current workload of the tax office and the complexity of the request. After the tax office completes the examination process, if the refund request is deemed appropriate, it transfers the VAT amount to be refunded to the business's bank account. The time of the refund may vary depending on the length of the examination process, the current transaction volume of the tax office, and many other factors. Although in most cases the refund transaction occurs shortly after the examination process ends, in some cases this process may take longer than expected.
To calculate VAT from gross amount, you first need to know the VAT rate for the product or service. Common VAT rates in Turkey are 1%, 10% and 20%. However, these rates may vary depending on different product or service types. Formula for Calculating VAT Amount from Gross VAT-free Price = Gross Price / (1 + VAT Rate) VAT Amount = Gross Price - VAT-free Price Steps for Calculating VAT Amount from Gross 1) First, determine the gross (VAT included) price of the product or service. 2) Calculate the VAT-free price according to VAT rates. Divide the gross price by the value (1 + VAT Rate). 3) Find the VAT amount by subtracting the VAT-free price you calculated from the gross price. Example of Calculating VAT Amount from Gross: If a product's gross price is 120₺ and the VAT rate is 20%: - VAT-free Price = Gross Price / (1 + VAT Rate) - VAT Amount = Gross price - VAT-free Price - VAT Amount = Gross Price - (Gross Price / 1.20) - VAT Amount = 120 - (120 / 1.20) - VAT Amount = 120 - 100 - VAT Amount = 20₺ This method helps you find the VAT-free price and VAT amount from the gross amount simply and quickly.
The documents required for VAT refund procedures vary depending on the type of transaction for which the refund is requested. However, there are common documents sought for all transactions that give rise to refund rights. Here are some documents generally requested in VAT refund procedures and additional documents required according to special circumstances: 1) Common Documents - Standard Refund Request Petition - Deductible VAT List for the Period in which Refund is Requested - Charged VAT List - VAT Calculation Table for which Refund is Requested - Sales Invoice List 2) Additional Documents Required According to Special Circumstances - Customs Declaration - Payment Document - Tax Examination Report or CPA Report - Approved Special Invoice or Invoice List - Subcontracting Service Invoices It should not be forgotten that different and specialized documents may be required for each refund type. These documents are examined by the tax office to confirm the accuracy and legality of the refund transaction. It is important to contact the relevant tax office before starting the refund process and to prepare all necessary documents completely and correctly.
An invoice issued with an incorrect VAT rate is contrary to tax legislation and must be corrected. The seller must apply to the tax administration to correct the over or under collected VAT and issue a correction invoice if necessary. The buyer can request a refund for overpaid VAT. This process must be carried out in accordance with the Tax Procedure Law, and corrections must be made in time to avoid possible tax penalties.
The process of obtaining a VAT Exemption Certificate requires the taxpayer and tax administration to comply with legal procedures and consists of the following steps: 1) Compliance Assessment: First, the taxpayer evaluates whether the conditions foreseen for transactions subject to exceptional status are met within the framework of the Tax Procedure Law and relevant legislation. 2) Official Application: If compliance with the legislation is determined, the taxpayer applies to the tax office to which they are affiliated for a VAT exemption certificate together with the documents legally foreseen. 3) Submission of Documents: Together with the relevant application, invoices, contracts and other documents required by the legislation regarding the transactions or services within the scope of exemption are submitted to the tax administration. 4) Tax Office Examination: The tax office examines and evaluates the documents and application submitted by the taxpayer according to the relevant provisions of the tax legislation. 5) Decision and Issuance of Certificate: If the application is found to comply with the legislation, the VAT exemption certificate is issued by the tax administration and delivered to the taxpayer. 6) Implementation: With this certificate, the taxpayer can carry out their transactions within the scope of exemption under VAT exemption.
Partial exemption in VAT is a tax regulation applied in the sale or production of certain goods or services and exempts these transactions from VAT only at a certain rate. This type of exemption covers situations where the goods or services are not completely exempt from VAT, but a rate below the standard VAT rate is applied. Partial exemption is defined within the framework of incentives foreseen in tax legislation for certain sectors, products or services. With the partial exemption regulation, it is aimed to reduce the tax burden on goods or services and support certain economic activities.
VAT application for digital services for VAT taxpayers in Turkey includes special regulations for electronic services provided domestically and abroad. In this context, VAT calculation is required on digital services provided by both companies in Turkey and companies abroad to their users in Turkey. Digital services provided by companies resident in Turkey are subject to standard VAT rates. These companies need to calculate VAT on the income they earn from the services they provide and must declare this VAT to the tax office periodically. VAT application for foreign companies that are not resident in Turkey and provide digital services to users in Turkey was clarified with the regulation made in 2018. VAT payments are required on digital services provided by foreign-based companies in Turkey. These companies must be VAT taxpayers in Turkey and are obliged to pay the VAT they calculate on their services to the tax administration in Turkey.