Value Added Tax (VAT) Guide
VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain. Rates vary by country (e.g., 15% in Saudi Arabia, 20% in the UK).
Calculator Options:
You can choose to either "Add VAT" to find the consumer price including tax, or "Exclude VAT" to calculate the baseline cost of an item before the tax was applied.