Calc VAT is an easy to use VAT Calculator, designed to make your Value Added Tax calculations much faster than using a traditional calculator.
Simply enter the amount you wish to calculate in the Input Amount field and select if you want to find out the Inclusive VAT or add VAT to the original amount.
Calc VAT will then show you the breakdown of the amount and at any time you can change the VAT rate or inclusive VAT setting and the breakdown will automatically update for you.
By default Calc VAT will start up set to add 15% VAT onto any amount you enter. This is the current UK Vat rate, however you can you can set Calc VAT to a different VAT rate such as the reduced rate of 5%.
With Calc VAT you can even select any country in Europe and the application will auto load in the standard VAT rates and reduced rates for the selected country.
When you close Calc VAT it will remember your preferred VAT rate and Inclusive VAT setting which makes it simpler for the next time you start up Calc VAT.
With Calc VAT you will no longer need to try and remember those complicated VAT formulas!!
Calc VAT will auto update itself when ever a new VAT rate is released or change such as the 17.5% which is coming back to the UK in 2010.
---
Please let us know what you would like to see in future versions of Calc VAT when writing your review.
