Korean VAT Calculator (add & extract 10%)

VAT, forward and backward

Korean VAT is 10% of the net (supply) amount. To quote a price you add 10%; when you only know the gross total (VAT included), you work backward to the net and the tax.

• Add: VAT = net × 10%, gross = net × 1.1
• Extract: net = gross ÷ 1.1, VAT = gross − net

Simplified taxpayers apply an industry VAT ratio (less tax); exempt goods and zero-rated exports carry no VAT. See the income tax calculator.