Vat Calculator Zimbabwe
Online 14.5% VAT calculator
Calculate your current Vat today in the year 2023 at 14.5% Rate
increased from 14% to 14.5% from 1 April 2018. There is a limited range of goods and services which are subject to VAT at the zero rate or are exempt from VAT.
The VAT rate in Zimbabwe 2023 is 14.5% at which VAT is levied and the standard rate of 14.5% on the supply of goods and services by registered vendors. A vendor making taxable supplies of more than R1 million per annum must register for
The VAT tariff is added to the product price exclusive of VAT. The price exclusive of VAT can be converted into the price inclusive of VAT by applying the following formula. Calculation rule: (Amount exclusive of VAT) * (100 + VAT percentage as a number) / 100 = Amount inclusive of VAT.
The local name for VAT in Zimbabwe is Value-added tax (VAT). There is basically 1 VAT rate in Zimbabwe: Standard VAT rate is 14.5%
If you want to add VAT to the price, you just need to divide the price by 100 and then multiply by (100 + VAT rate).