VAT Calculator UAE
Got Question on VAT in UAE? Let us know!
Online VAT Calculator
VAT calculator UAE is an important tool developed by N R Doshi and Partners, also provides VAT consultancy services in Dubai, for simplifying your VAT calculations. Our UAE VAT Calculator has two different options of add/subtract to find out the value of VAT.
VAT in UAE
The VAT was introduced in the UAE on the date, 1st January 2018. Since then, every business needs to perform VAT calculations in UAE and submit the tax amount as per the calculations.
Our online VAT calculator in Dubai simplifies your work by automating the VAT calculation process. Accurate VAT calculation is necessary to remain compliant with the UAE VAT Laws.
VAT Registration Criteria
The UAE government has decided three different slabs according to the annual turnover. The three different slabs are:
- Annual turnover more than AED 375,000/- : VAT registration is necessary
- Annual turnover between AED 187,5000/- and AED 375,000/- : VAT registration is optional
- Annual turnover less than AED 187,500/- : VAT registration is not required
How to Calculate VAT in UAE?
On most of the products, 5% VAT is implemented. However, there are few products on which 0% VAT is implemented, and a few products are exempted from VAT. Therefore, while using VAT calculator UAE, it is important to add the correct VAT percentage.
For the products which are exempted or have 0% VAT, you don’t need to use the UAE VAT calculator as the VAT amount is Zero. However, one must use our online VAT calculator in Dubai when 5% VAT is applicable to goods and services
UAE Tax Calculator- How to use?
It is necessary for you to know how to calculate VAT in UAE using our UAE VAT calculator. First, you need to add the total amount and then mention the VAT percentage. Our online VAT calculator in Dubai gives you the flexibility of adding any VAT percentage you want, but as per the current VAT Laws in UAE, the standard rate of VAT is 5%.
VAT calculator in UAE gives you two options:
- Add VAT
- Subtract VAT.
In the case of Add VAT, the amount you input should not include the VAT amount, and the online VAT calculator calculates the VAT amount additionally. For instance, if you enter AED 100 and 5% VAT. Now, if you click on Add VAT, it will show the result as VAT amount in AED: 5 and Total amount in AED: 105.
On the other hand, if you choose Subtract VAT, the amount you input should include the VAT amount. Taking the same example, you put AED 100, which includes the VAT amount and 5 as the VAT percentage. After clicking on Subtract VAT, our VAT Calculator in UAE will show the result as VAT amount in AED: 4.76 and the Total amount in AED: 95.24.
The formulas are provided under the VAT calculator UAE. You can check them in case of any doubt.
The VAT Calculator UAE would be really helpful for you by making the VAT calculation process fast by simply adding the amount. Try it and make the calculations error-free.
N R Doshi & Partners – VAT Consultants in Dubai
N R Doshi & Partners is one of the reputed Audit Firms in UAE, and VAT Consultants in UAE, providing a variety of VAT consulting services including, VAT Registration, VAT Return Filing, VAT Impact Assessment, etc. Contact us for any assistance in VAT related matters and external audit, internal audit, and advisory services.