VAT calculator for Lithuania
The standard VAT rate in Lithuania is 21%. To remove it from a gross price you divide by 1.2100, which is not the same as taking 21% off.
%
Price including VAT
121.00
- VAT to add
- 21.00
- Net price behind a gross one
- 100.00
- VAT inside a gross price
- 21.00
- Line total for the quantity
- 121.00
- VAT fraction of a gross price Multiply a gross figure by this to get the VAT directly.
- 0.173 554
- Gross-up multiplier
- 1.210 000
- How far the subtraction method goes wrong
- 4.41
Show the working
- Price excluding VAT = 100
- VAT rate = 21
- Price including VAT = 121
- Quantity = 1
- VAT to add = 100 * 21 / 100 = 21
- Price including VAT = 100 + 21 = 121
- Line total for the quantity = 121 * 1 = 121
- Net price behind a gross one = 121 / (1 + 21/100) = 100
- VAT inside a gross price = 121 - 100 = 21
- VAT fraction of a gross price = (1 + 21/100) > 0 ? (21/100) / (1 + 21/100) : 0 = 0.173 554
- Gross-up multiplier = 1 + 21/100 = 1.21
- wrong_way = 121 * (1 - 21/100) = 95.59
- How far the subtraction method goes wrong = 100 - 95.59 = 4.41
Values are shown to six significant figures here; the arithmetic itself runs on exact fractions and is only rounded where a number is printed.
Scenarios & local history
Compare a saved scenario
Recent calculations
The formula
- gross = net x (1 + rate)
- net = gross / (1 + rate)
- VAT fraction of a gross price = rate / (100 + rate) = 0.173554
The VAT fraction is the shortcut accountants use: at 21% you multiply a gross figure by 0.173554 to get the VAT straight out.
Rates and reduced-rate categories change by legislation. The rate here is a default; check the current one before invoicing.
Frequently asked
What is the VAT rate in Lithuania?
The standard rate is 21%.
How do I remove VAT from a price?
Divide by 1.2100. Subtracting 21% instead undercharges the net figure every time.
Where the numbers come from
- Standard rates as published by the national tax authorities; reduced and zero rates are not modelled.