PennyCompass

Philippines VAT Calculator

Free Philippines VAT calculator. Add 12% VAT to a net price or extract VAT from a VAT-inclusive amount, showing net, VAT, and gross.

Published

Add or extract 12% VAT from a price.

VAT amount

Net (VAT-exclusive)

Gross (VAT-inclusive)

Worked example

Take a net price of 10,000 pesos and add 12% VAT. The VAT is 10,000 times 0.12, which is 1,200, so the gross price a customer pays is 11,200. Now run it the other way. If you are handed a VAT-inclusive total of 11,200 and need to back out the tax, divide by 1.12 to recover the 10,000 net, and the VAT is the 11,200 gross less that net, again 1,200. The key point is that VAT is 12% of the net, not 12% of the gross: inside an 11,200 gross the tax is 1,200, which is about 10.7% of the total, because the 12% was applied to the smaller net figure before the tax was added on.

Item Amount (PHP)
Net price (VAT-exclusive)₱10,000
VAT at 12%₱1,200
Gross price (VAT-inclusive)₱11,200
₱11,200 gross price split Net ₱10,000 VAT Net price: ₱10,000 (89.3%) VAT at 12%: ₱1,200 (10.7%) VAT is 12% of net, about 10.7% of gross

How it is calculated

Philippine VAT runs at a standard 12% under the National Internal Revenue Code as amended. To add VAT, the calculator multiplies the net price by 0.12 and adds it on, so the gross equals the net times 1.12. To extract VAT from a VAT-inclusive amount, it divides the gross by 1.12 to recover the net, then takes the difference as the tax. The two modes are mirror images, which is why a 10,000 net and an 11,200 gross both carry exactly 1,200 of VAT. This is the arithmetic on a single transaction, useful for quoting or for reading a receipt. It is not your VAT liability to the BIR, which is output VAT on your sales less input VAT on your purchases, filed monthly or quarterly. Businesses under the 3,000,000 peso annual threshold may instead be non-VAT and pay the 3% percentage tax, so confirm which regime applies before using these figures for filing.

Frequently asked questions

How do I work out 12% VAT in the Philippines?
To add VAT to a net price, multiply the net amount by 0.12 and add it on, so the gross is the net times 1.12. To extract VAT from a VAT-inclusive price, divide the gross by 1.12 to get the net, then the VAT is the gross less that net. The standard rate is 12% under the NIRC as amended.

Related calculators

Sources

  1. BIR — Income Tax (TRAIN Law Rates), Bureau of Internal Revenue, Philippines
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