Extract VAT from a price 2026
Extracting VAT means finding the tax inside a price rather than adding it: at 24 per cent you divide the gross price by 1.24 to get the net price, and the difference is the VAT.
€
Price without VAT
€100.00
Verified 2026-08-09
Maksu- ja Tolliamet (EMTA) — käibemaksumäärad- VAT included
- €24.00
- Price with VAT
- €124.00
Rates and thresholds
- Standard rate
- 24%
- Divisor at 24%
- 1.24
- VAT from a gross price
- gross × 24 / 124
- Reduced rates
- 13% and 9%
- From a €100 price including 24%
- €19.35 VAT
How do you extract 24% VAT from a price?
Multiply the gross price by 24 and divide by 124 — that is the VAT. For the net price, divide the gross by 1.24. A €100 gross price contains €19.35 of VAT and is €80.65 before tax.
Why isn't taking 24% off the same as adding 24% on?
Because the percentage is taken from different bases. Adding charges 24 per cent of the net price; extracting looks for the same tax inside a price that already contains it — a smaller share of a larger number. A €100 net price gains €24.00 of VAT, but a €100 gross price contains only €19.35.