€ 0,00
Per rate
| Rate | Excl. | VAT | Incl. |
|---|
Convert amounts from excluding to including VAT and back. With several invoice lines, the Belgian rates of 21%, 12% and 6%, and a check for the small business exemption scheme.
| Rate | Excl. | VAT | Incl. |
|---|
Excluding VAT: we add up the amounts per rate and apply the rate to the sum. Including VAT: we divide the total per rate by 1 plus the rate, so by 1.21 at 21%. The difference is the VAT.
VAT is rounded to whole cents per rate, over the sum of the lines. Rounding per line can differ by a cent.
Under the exemption scheme you charge no VAT to your customers and file no periodic VAT returns, but you cannot deduct VAT on your purchases either. Work on real estate and catering with a registered cash register are excluded.