value-added tax, or VAT, was first used in France.The well-known French economist M. Laura used this phrase in 1954.Four years later, this type of tax has become compulsory for all citizens of this country.In addition, he gradually began to enter the economy and other European countries.On the territory of the Russian Federation VAT came during the so-called establishment of a market economy in 1992.
What is VAT?
VAT is a part of the money that is added by the seller of goods or services to the cost of creating the product or purchase (the same applies to the services provided).The VAT on the amount does not make the salary of employees.Furthermore, this does not make the money that was paid for the product, especially if it was acquired from this type of tax defaulters.Today, many people are interested in how to deduct from the amount of VAT.
why VAT was so widespread?
popularity of this tax can be explained by the following reasons:
- Thanks to the value added tax can pinpoint accuracy to determine how much a particular commodity (service) at each stage of their production.It is because of VAT products can not be double taxation.
- With this tax, you can get paid on imports, but not to interfere with the export.This allows you to make a healthy competition and the right to build the domestic market.
VAT in Russia
As already mentioned, the value added tax appeared in this country in 1992.Today, his rate is 18%.
Many goods and services are not subject to this type of tax.Therefore deduct VAT from their value is simply impossible.As a rule, the products that are exported.Goods for children is subject to a lesser rate (10%).Also, those companies that work on a simplified system of taxation, VAT is not paid.In recent years, the question often arises about how to reduce the interest rate of this type of tax, or cancel it entirely on the territory of our country.But so far not taken a single decision on the matter.
calculate the value added tax
Many, of course, interested in how to deduct from the amount of VAT.In order to simplify the problem for the non-specialized workers were invented special online calculators, with which it is easy to perform this action.But if you know the formula for the calculation, you can do it on their own.Especially that the calculation is not very difficult and impossible.
In order to highlight the tax is necessary to share the cost of production on the expression: 1 + (percent VAT): 100. Get a picture.If the interest rate of the tax is equal to 10, it should be divided by 1.1.If it is equal to 18, then at 1.18.
From this result, you subtract the original amount of money.You will get a negative number, but the tax should be positive.Therefore, the amount multiply by 1 (you can simply remove the "-" sign, then nothing more is not necessary to calculate).If those who receive "a penny", then it is rounded up.
To charge the tax, you can either take advantage of special online calculator or try to count yourself using simple formulas (use rate of 18%):
- certain amount of x = 1.18, taking into account the amount of tax.
- certain amount x 0.18 = the amount of tax.
If you are looking for as a deduction from the amount of VAT, then you will come to the aid of the following formula.You have a certain amount of money (let us define its Latin letter N).If the tax rate, which is equal to 18, we get the following picture:
- VAT = N x 18: 100.
That is, if you have 10 000, the VAT of this amount will be 1,800 rubles (10 000 x 18: 1000).Then you just need to subtract from the original amount of the resulting number.
you see that the question of how to deduct from the amount of VAT, is not as hard as it may seem at first glance.If you know a special formula, it is possible to calculate all quite simple.
